Latest developments in Saudi Arab.

http://edition.cnn.com/2017/11/05/middleeast/saudi-arabia-anti-corruption-list/index.html

The crown prince had embarked on a new anti-corruption campaign that led to the arrests of 17 princes and ministers.  This is for power consolidation purpose rather than for the proclaimed intention.

Coincidentally, a Saudi prince was killed after the anti-corruption campaign started.

http://www.bbc.com/news/world-middle-east-41881058

President Trump humiliated PM Abe in Japan.

https://sg.finance.yahoo.com/news/trump-says-japan-apos-economy-063900916.html

President Trump humiliated PM Abe in Japan and showed that Japan was just a USA's lackey.  Japan will always play second fiddle to the USA.

Do not use Apple's face ID. It is not safe!

https://sg.news.yahoo.com/man-unlocks-brother-apos-iphone-093814206.html

If a younger sibling can unlock the face ID of his older sibling's Iphone X, it shows that the face ID is not safe as proclaimed by Apple.

It's still safer to use fingerprint scan.  Therefore, there is no point to buy Iphone X.

Singapore stock calls for 6 November 2017

DBS has a 23% profit slide!

https://sg.finance.yahoo.com/news/dbs-q3-profit-surprise-slide-five-low-oil-034836345--finance.html

We did warn about DBS's 2nd half earnings because DBS had been very secretive about its loan exposure to the oil & gas industry.

http://sg-stock.blogspot.sg/2017/08/watch-out-for-dbss-2nd-half-earnings.html

Travel alert to Paris!

https://sg.news.yahoo.com/tourists-attacked-chinese-embassy-warns-security-risks-002203871.html

Asians who look like Chinese should be wary about visiting Paris because Paris robbers are targeting Chinese tourists.  The Paris robbers cannot differentiate between Chinese nationals and Singaporeans.

The Paris robbers are syndicate members who are well-equipped with weapons and are professionals.  How many robbers will use tear gas in their robberies?

President Trump wants Aramco IPO and SGX will stand no chance.

http://www.reuters.com/article/us-trump-asia-aramco-ipo/trump-says-he-spoke-to-saudi-king-about-aramco-they-will-consider-using-u-s-exchanges-idUSKBN1D501X?il=0

SGX will stand no chance for Aramco IPO after Trump spoke to Saudi King.

Indian man raped 18-month toddler! Indian men are beasts!

http://www.dailymail.co.uk/news/article-5046405/Indian-man-arrested-raping-18-month-old-girl.html

Indian men are beasts! As long as they see a hole, they will rape!


https://sg-stock.blogspot.sg/2017/10/here-we-go-again-indian-man-raped-woman.html

Baltic dry index - 1476

Today, Friday, November 3 2017, the Baltic Dry Index decreased by 6 points, reaching 1476 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 - 898

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. declined by 11 this week to 898.

That's up from the 569 rigs that were active a year ago.

Houston oilfield services company Baker Hughes said Friday that 729 rigs sought oil and 169 explored for natural gas this week.

Among major oil- and gas-producing states, Colorado added four rigs, Texas gained three, while Alaska tacked on two.

Oklahoma lost eight rigs and Louisiana shed four. New Mexico and North Dakota both lost a pair, while Utah dropped one.

Arkansas, California, Ohio, Pennsylvania, West Virginia 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.

Singapore stock calls for 3 November 2017

This is what happens to Singapore for supporting the "America First" policy.

https://www.cnbc.com/2017/11/02/broadcom-moving-headquarters-to-us-from-singapore-says-trump.html

Broadcom will move its HQ from SG to USA and Singaporeans will be retrenched.  The USA is stealing our jobs now!

Kudos to our government for supporting the "America First" policy.

Vietnam and China have resolved the South China Sea dispute.

https://sg.finance.yahoo.com/news/beijing-says-peacefully-resolved-south-054300594.html

This is definitely a great news for Asia because this settlement will leave little room for the USA to exploit and rally against the China.

Vietnam and Philippines have smart leaders to choose their economic developments over the USA's political interest.

SMRT asks its staff to own up for own lapses.

https://sg.news.yahoo.com/smrt-wide-scale-audit-asks-rail-staff-lapses-report-012258295.html

This is really ridiculous!  Will the top management own up their lapses too?

When the top management couldn't do it, they expected the ordinary employees to do it.

Lesson learnt: Never get a military man to run the MRT.

BOE has hiked the interest rate.

https://www.cnbc.com/2017/11/02/bank-of-england-hikes-rates-for-the-first-time-in-a-decade.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104814315&yptr=yahoo

Bank of English will continue its rate hiking policy to prevent an overheating economy.  This means LIBOR will continue to rise in the future.  As London is a major financial hub, its interest rates will also affect other financial products and derivatives internationally.  The USA will take consideration of this in view of its own economic conditions and hike its interest rate in December.

Powell is picked as the next Fed Chair.

https://finance.yahoo.com/news/trump-announces-jerome-powell-next-fed-chair-replacing-janet-yellen-190916792.html

Powell is trained as a lawyer with no economic background.  This means that he will not deviate from Yellen's policies because he cannot spreadhead any major economic changes due to lack of economic knowledge.  There's a high chance that he will set economic policies that will make the FED too tardy in responding to economic challenges.  He may be the man who makes the FED to be behind the curve of inflation.  Let's see.

2 F-18s were sent out from an US aircraft carrier to tackle the UFO.

The F-18s couldn't lock onto the UFO in this air fight.  This showed the high technology possessed by the UFO.

Singapore stock calls for 2 November 2017

The hypocritical western countries!

https://sg.news.yahoo.com/ousted-catalan-leader-unlikely-return-spain-testify-lawyer-101157875--business.html

When any Asian state wants to gain independence, the western countries will support in the name of democracy.  However, when any western state wants to gain independence, the western countries will denounce and condemn.

This is how hypocritical they are!

They want to support Taiwan, Tibet and HK independence but not Catalan or Scotland independence.

South Korea to mend relationship with China by making some promises.

http://thechronicleherald.ca/world/1515934-skorea-china-move-to-resolve-disputes-and-hold-summit-talks

South Korea has made some promises to mend the relationship with China.

Promise 1: SK will not install additional THAAD.  SK has 6 THAAD systems currently.

Promise 2: SKwill not allow THAAD radar to extend into China's territory to address China security concern.

Promise 3: SKwill not be part of the USA military alliance and will only conduct joint military exercises with the USA.  The original USA's intention was to form a military alliance with Japan and SK to contain China.

SK and China will meet to discuss the promises further during the APEC meeting in Vietnam and officiate them in their bilateral communique.