Tuesday, September 19, 2017
China President Xi Jinping will be having a final showdown with Jiang Zemin soon.
The most corrupted person, Yang XiuZhu, was on a run for 13 years before she requested in the USA to return to China to face trial. This was something puzzling and uncanny because she would be facing a death sentence in China under the corruption and bribery charges.
She was in custody for a long time before she was given a trial recently. Why did she request to face trial in China after being on the run for 13 years? We'll come to this in a moment.
Meanwhile, President Xi had just completed his military revamp recently by replacing all the top honchos including the chief of general staff. President Xi had managed to replace all the Jiang's henchmen in the military. Therefore, he has total control of the military now and he can have a final showdown with Jiang Zemin. Jiang is currently under house arrest in China.
The withholdment of Yang's sentence was bewildering because it was a corruption case proven beyond reasonable doubt. It was speculated that Yang was willing to return to China to face trial because President Xi promised to pardon her death sentence in exchange for her to become a tainted witness to testify against Jiang Zemin. We also believe this to be true because nobody would be so foolish to return to face a death sentence in China especially when she was no longer in China anymore.
Please read about the China political situation below.
Monday, September 18, 2017
Singapore NODX jumps significantly in August with 17% year on year growth.
http://www.channelnewsasia.com/news/business/singapore-s-exports-jump-17-in-fourth-straight-month-of-growth-9225588
Singapore is a country which relies heavily on international trading and our economic growth also depends significantly on net exports.
China is our largest export nation now and will impact SG's economic growth since we cannot find another market to replace China.
Does it make sense to offend our largest trading partner for the political interest of another nation (USA)?
Asia will get more and more affected by China, whether we like it or not. The USA doesn't care about Asia except for its own political interest. I hope our government will make the right choice.
Singapore is a country which relies heavily on international trading and our economic growth also depends significantly on net exports.
China is our largest export nation now and will impact SG's economic growth since we cannot find another market to replace China.
Does it make sense to offend our largest trading partner for the political interest of another nation (USA)?
Asia will get more and more affected by China, whether we like it or not. The USA doesn't care about Asia except for its own political interest. I hope our government will make the right choice.
The USA is just setting the motion for a war against North Korea.
https://uk.news.yahoo.com/north-korea-will-destroyed-reckless-behaviour-continues-us-ambassador-warns-090000879.html
The USA already knew that sanctions won't work on NK but still insisted on sanctions because it would give the USA the excuse to wage a war against NK after all the available avenues had been exhausted. However, it's a wishful thinking because China & Russia won't allow a war at their doorsteps. Having a war near China & Russia means that China & Russia will have to deal with millions of refugees and also the USA influences on the Korean peninsula after the war. This kind of situation is something China & Russia don't want to see and they'll definitely get involved in the war.
The USA already knew that sanctions won't work on NK but still insisted on sanctions because it would give the USA the excuse to wage a war against NK after all the available avenues had been exhausted. However, it's a wishful thinking because China & Russia won't allow a war at their doorsteps. Having a war near China & Russia means that China & Russia will have to deal with millions of refugees and also the USA influences on the Korean peninsula after the war. This kind of situation is something China & Russia don't want to see and they'll definitely get involved in the war.
Will PM Lee flip-flop on Sino-SG relationship when he visits USA after China?
http://www.businesstimes.com.sg/government-economy/singapore-china-relations-will-continue-advancing-with-the-times-says-pm-lee
It is gladdening to see that our PM Lee is making pro-China remarks. However, I hope that he won't make anti-China remarks later when he visits USA.
It is despicable in the eyes of the public to see our leader making flip-flop statements in different countries. When there is no unison in our political stance, there won't be any credibility and trust in our nation. This won't bode well for SG in the future as no country will trust SG.
It is gladdening to see that our PM Lee is making pro-China remarks. However, I hope that he won't make anti-China remarks later when he visits USA.
It is despicable in the eyes of the public to see our leader making flip-flop statements in different countries. When there is no unison in our political stance, there won't be any credibility and trust in our nation. This won't bode well for SG in the future as no country will trust SG.
President Halimah is here to divide or unite Singaporeans?
http://www.reuters.com/article/us-singapore-protest/singaporeans-protest-against-uncontested-presidential-election-idUSKCN1BR0I3?il=0
It's sad to see that Singaporeans protest against our Malay reserved President. This shows that she doesn't have the mandate of the people and has become a controversial president.
However, this was what 70% of Singaporeans wanted in the last GE. Singaporeans wanted to have a one-party system and this was the repercussion we needed to accept.
We have to repent and accept the inevitable outcome.
http://sg-stock.blogspot.sg/2017/09/halimah-yacob-has-become-most.html
It's sad to see that Singaporeans protest against our Malay reserved President. This shows that she doesn't have the mandate of the people and has become a controversial president.
However, this was what 70% of Singaporeans wanted in the last GE. Singaporeans wanted to have a one-party system and this was the repercussion we needed to accept.
We have to repent and accept the inevitable outcome.
http://sg-stock.blogspot.sg/2017/09/halimah-yacob-has-become-most.html
Sunday, September 17, 2017
Saturday, September 16, 2017
Baltic dry index - 1385
Today, Friday, September 15 2017, the Baltic Dry Index climbed by 24 points, reaching 1385 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 - 936
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. fell by eight this week to 936.
That's up from the 506 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 749 rigs sought oil and 186 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, West Virginia added one rig.
Louisiana and Texas each lost three rigs. Colorado, New Mexico and North Dakota each shed one.
Alaska, California, Ohio, Oklahoma, Pennsylvania, Utah and Wyoming were 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
Friday, September 15, 2017
It's official! China has ordered bitcoin exchanges to shut down.
https://finance.yahoo.com/news/reports-china-orders-bitcoin-exchanges-103642560.html
One of the biggest bitcoin exchanges BTC will shut on 30 September 2017.
https://sg-stock.blogspot.sg/2017/09/china-has-made-decision-to-shut-down.html
https://www.cnbc.com/2017/09/14/bitcoin-is-dropping-right-now-after-a-big-chinese-exchange-said-it-is-closing.html
One of the biggest bitcoin exchanges BTC will shut on 30 September 2017.
https://sg-stock.blogspot.sg/2017/09/china-has-made-decision-to-shut-down.html
https://www.cnbc.com/2017/09/14/bitcoin-is-dropping-right-now-after-a-big-chinese-exchange-said-it-is-closing.html
China plans to cut oil demand by 10% in 2020.
https://www.reuters.com/article/us-china-biofuels/china-sets-2020-target-for-nationwide-ethanol-use-to-cut-corn-stocks-idUSKCN1BO03R
China will impose ethanol use to reduce oil demand in 2020. This will definitely impact the oil and corn prices in the future. However, this will be a good news for the environment.
China will impose ethanol use to reduce oil demand in 2020. This will definitely impact the oil and corn prices in the future. However, this will be a good news for the environment.
North Korea has fired another missile today.
https://www.cnbc.com/2017/09/14/asia-markets-focus-on-north-korea-yen-gold-fed-boe.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104711087&yptr=yahoo
Japan and South Korea do not dare to intercept the NK missile with THAAD and SM-3 missile systems.
Why?
This is because intercepting the NK missile is a lose-lose situation.
If the interception fails, this will bring shame to the USA and nobody will trust the USA defence system anymore. If it succeeds, the NK will be angry and do more nuclear testing.
Therefore, Japan and SK can only watch the NK missile launch without doing anything.
Japan and South Korea do not dare to intercept the NK missile with THAAD and SM-3 missile systems.
Why?
This is because intercepting the NK missile is a lose-lose situation.
If the interception fails, this will bring shame to the USA and nobody will trust the USA defence system anymore. If it succeeds, the NK will be angry and do more nuclear testing.
Therefore, Japan and SK can only watch the NK missile launch without doing anything.
Thursday, September 14, 2017
A satire video about our political situation.
Source: https://www.facebook.com/wenkai31/videos/10214156855826060/
Iphone X, Iphone 8 and Iphone 8 plus have no WOW factor anymore!
Are you disappointed in the latest Iphones?
All the features on the latest Iphones have already been implemented on other brands. Facial recognition, big screen and wireless charging on Samsung and other China brands.
The only WOW factor is the price.
Please vote on our poll to indicate your interest for the latest Iphones.
All the features on the latest Iphones have already been implemented on other brands. Facial recognition, big screen and wireless charging on Samsung and other China brands.
The only WOW factor is the price.
Please vote on our poll to indicate your interest for the latest Iphones.
South Korea has slapped its own face by admitting that SM-3 is better than THAAD.
http://en.people.cn/n3/2017/0913/c90000-9268579.html
If SK understood that SM-3 had better performance than THAAD, then it shouldn't install THAAD in the first place and irked China & Russia.
Why did SK install SM-3 after THAAD? It's pretty obvious that THAAD was useless against NK because the motive for THAAD was to help the USA to monitor China & Russia using the THAAD radar.
If SK understood that SM-3 had better performance than THAAD, then it shouldn't install THAAD in the first place and irked China & Russia.
Why did SK install SM-3 after THAAD? It's pretty obvious that THAAD was useless against NK because the motive for THAAD was to help the USA to monitor China & Russia using the THAAD radar.
Wednesday, September 13, 2017
Typhoon Talim will landfall over Japan!
https://watchers.news/2017/09/12/typhoon-talim-forecast-track-landfall-japan/
Typhoon Talim alert for Japan and may hit Tokyo!
Typhoon Talim alert for Japan and may hit Tokyo!
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