Stockbank blog has just received a top 75 Singapore investment blog award.

We've been informed by Feedspot that we've been awarded a top 75 Singapore investment blog award.

http://blog.feedspot.com/singapore_investment_blogs/

We will strive to continue to provide articles that are of interest to our readers.

Our top 3 readers come from Singapore, USA and Russia.

Yes, Russians like to read our blog and we don't know why.  We are surprised that Malaysians are not in our top 5.

Nonetheless, we are happy to receive our first award.  Thank you for your support.

What's left for Noble Group after selling income generating businesses?

https://sg.finance.yahoo.com/news/noble-group-said-seek-buyers-085506625.html

This is really getting worrisome as Noble sells off its income generating businesses.  Noble will be left with negative cashflow assets that nobody wants.

Sigh!

Singapore stock calls for 26 July 2017

Flooding in China.

In Singapore context, this will be just ponding as defined by our minister. Heehee!

Quantum communication can be operational 24 hours soon.

http://en.people.cn/n3/2017/0726/c202936-9246537.html

Way to go, China!

China is really becoming a high technological country now with excellent achievement in quantum technology.

India fired at Pakistan again!

http://www.kashmirvision.in/news/pakistan-summons-indian-envoy-over-border-tensions

India is stirring troubles for its neighbour again.  The China-India border skirmish is not settled yet and India is attacking Pakistan again.

Sigh!  This India is such a bully and must be taught a lesson!

Singapore stock calls for 25 July 2017

AFP news agency is still recalcitrant about correcting its false reporting.

http://www.channelnewsasia.com/news/world/china-urges-asean-to-reject-outside-interference-9062252

The whole world already knew that PCA was not a true international court and it was not part of the UN or backed by UN.  However, AFP news agency still insists that PCA is UN-backed till today even when UN has declared that PCA is not related to UN.

We had some postings about PCA before.

http://sg-stock.blogspot.sg/2016/07/icj-has-declared-that-it-is-not.html

http://sg-stock.blogspot.sg/2016/07/un-has-publicly-declared-that-pca-is.html

http://sg-stock.blogspot.sg/2016/07/the-truth-about-south-china-sea-ruling.html

China has given India its harshest warning!

http://www.scmp.com/news/china/diplomacy-defence/article/2103864/chinas-defence-spokesman-warns-india-not-take-any

China had recently conducted live firing exercise for 11 hours on 5000m higher Tibet plateau in preparation for a war with India.  This live firing exercise was to demonstrate that its military equipment and weapons could operate well in a high altitude environment and its military personnel could function properly without any sickness.

China has carefully selected a certain race to be stationed in a high altitude area.  This group of people possess a special DNA that can function very well in a low oxygen environment.  You will know what I'm saying when you've been to a high altitude area.

A war break out between China and India is highly probable if India doesn't withdraw its troops from China's border soon.  China is losing its impatience because President Xi must resolve this before the 19th party congress.

Wow! We can charge our HP with my clothes in the future!

http://en.people.cn/n3/2017/0724/c90000-9245730.html

No more power bank! Heehee!

Australian foreign minister showed her ignorance of China-India border skirmish.

http://en.people.cn/n3/2017/0724/c90883-9245817.html

Quote:

Australian Foreign Minister Julie Bishop reportedly said, "My understanding is that this is a long-term dispute ... Australia's position is that territorial disputes should be resolved peacefully between the claimant countries."

"It is right to say that territorial disputes should be resolved peacefully, but I must point out that such a saying is not applied to the situation in Doklam because there has been no territorial dispute at all at the site where the incident takes place," spokesperson Lu Kang said.

End Quote.

When you don't understand something, it's best to keep your mouth shut!  Maybe Australia is trying to embark on a smearing campaign too.  However, India had already acknowledged that it intruded China's border territory to stop the infrastructure development.

Australia has proven itself to be a less trustworthy country again. Why?

Australia supported PCA ruling against China but openly ignored PCA against itself.

http://sg-stock.blogspot.sg/2016/09/australia-declares-that-pca-has-no.html

India must do a reality check or else it will suffer tremendously.

https://sg.news.yahoo.com/china-warns-india-not-harbour-illusions-border-stand-042140857.html

It is without a doubt that the border skirmish is in favour of China because India encroached on China's territory.

UN security council resolution states that any country can embark on military action against any incursion.  Therefore, China has been very restrained in dealing with India by not invoking military action against this incursion.

India was badly defeated in 1962 for invading China's border when both countries' powers were not significantly apart.  However, China's economic size and military power have progressed tremendously and the 2 countries are widely apart now.  India's land size is only 1/3 of China and its economy is about 20% of China's economy.

Therefore, India will suffer a humiliating defeat which is worse than 1962 when both countries go to war and both countries will not use any nuclear weapon for this war.

Singapore stock calls for 24 July 2017

Smearing campaign against China by BBC.

http://www.bbc.com/news/world-asia-40701121

BBC is following CNN in fake news productions by stating that Vietnam stopped its oil drilling after China's threat.

Let's look at BBC recent reporting.

BBC reported false news about China-India border skirmishes when it stated that China was the first to remind India that China was not the China of 1962.

http://www.bbc.com/news/world-asia-40478813

http://www.bbc.com/news/world-asia-india-40653053

The true fact was India was the first to remind China that India was no longer the 1962 India.  Subsequently, China retorted by stating that China was also not the 1962 China.  BBC omitted the timelines of the statements to create a false impression in its reporting.

Let's look at the timeline reporting below.

http://timesofindia.indiatimes.com/india/not-the-1962-india-anymore-jaitleys-response-to-china/articleshow/59387725.cms

http://www.huffingtonpost.in/2017/06/30/india-of-2017-is-different-from-the-india-of-1962-arun-jaitley_a_23009944/

India Arun was the first to state that India was no longer the 1962 India on 30 June 2017.

http://www.ndtv.com/india-news/china-retaliates-to-arun-jaitley-saying-this-is-not-the-india-of-1962-war-1719900

Then, China retorted on 3 July 2017 by stating China was also not the 1962 China.

However, BBC chose to omit the timelines in its prejudiced reporting and accused China of threatening India.  Shame on you, BBC!

US Navy was at fault for the container collision.

http://www.independent.co.uk/news/world/americas/uss-fitzgerald-crash-7-american-sailors-killed-navys-own-fault-philippines-cargo-vessel-a7852681.html

We had already stated clearly that the US destroyer was at fault because it didn't observe international maritime laws. CNN had just released its investigation outcome.

http://sg-stock.blogspot.sg/2017/06/usa-destroyer-collision-was-due-to.html

Baltic dry index - 977

Today, Friday, July 21 2017, the Baltic Dry Index climbed by 13 points, reaching 977 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

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Related stocks: Sembcorp Marine, Cosco & Pan Ocean.

US rig count - 950

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. decreased by two this week to 950.

A year ago, just 462 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 764 rigs sought oil and 186 explored for natural gas this week.

Among major oil- and gas-producing states, Louisiana gained four rigs, California increased by two and North Dakota and Utah each gained one.

Oklahoma and Texas each declined by three, New Mexico fell by two and Alaska decreased by one.

Arkansas, Colorado, Ohio, Pennsylvania, West Virginia and Wyoming were all unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.

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Related stocks: Keppel Corp, Sembcorp Marine & Cosco

USA is forcing China to take Taiwan by force.

http://www.chinapost.com.tw/taiwan/national/national-news/2017/07/13/499383/aits-chairman.htm

The USA mooted the idea of performing navy port of call in Taiwan and passed a provision last month.  Thereafter, the USA upped its ante by trying to make it a legislation for its navy to establish the port of call in Taiwan.

http://timesofindia.indiatimes.com/world/china/china-slams-us-defence-bill-over-taiwan-provision/articleshow/59633295.cms

This is against the one China policy and anti secession law in China.  If China doesn't invoke its anti secession law after USA port of call in Taiwan, the Chinese won't trust the communist party anymore.  Therefore, China has to take Taiwan by force to satisfy its nationalistic sentiment.

I don't understand how the USA congress can have the power to intrude and contravene another sovereignty.  If this practice is allowed in the international arena, any country can do the same and China can also pass a legislation in its parliament to violate the sovereign of USA.  Even ICJ which is under UN cannot accept and rule on any case that will violate another sovereignty.

Singapore stock calls for 21 July 2017

Hail storm killed goats in Spain.

http://www.dailymail.co.uk/news/article-4706398/Hail-stone-storm-Spain-killed-sheep-wrecked-cars.html

Freak weather caused by global warming. Sigh!