Singapore Stock Exchange - Equity Investments

Tuesday, December 20, 2016

Putin is making a fool out of Abe but Abe doesn't know it.

http://edition.cnn.com/2016/12/15/asia/putin-abe-japan-arrival/

The japanese government has been whitewashing its WW2 history till now and very few people know the true account of these kuril islands anymore.

These kuril islands belonged to Russia and Russia let Japan have them in exchange for non-invasion from the Japanese during WW2. However, Japan attacked Russia after taking the kuril islands. Therefore, Russia took back the kuril islands after the end of WW2 because Japan didn't honour the agreement.

Abe still harbours the wishful thinking that Russia will return the kuril islands but Putin won't return them back to Japan as Japan reneged its promise in WW2. Putin is just playing Abe for this episode.

Singapore stock calls for 20 December 2016

Stock market risks have increased! Profit-take to preserve cash!

With the killing of russian diplomat in Turkey and the terrorist attack in berlin (germany), stock market risks have increased with the upcoming official inauguration of the new US president. ISIS has declared that it would launch an attack soon.

Monday, December 19, 2016

Singapore stock calls for 19 December 2016

Foxconn is declaring war against Samsung!

http://www.reuters.com/article/us-sharp-hon-hai-samsung-elec-idUSKBN14414K

Terry Gou, founder of Hon Hai, owner of Foxconn is adamant in decimating Samsung because of past acrimonious disputes. Let's see how this fight will pan out.

Philippines is getting tough with USA!

https://sg.news.yahoo.com/us-told-want-vfa-pay-000000509.html

Philippines is getting tough with USA and trying to get back the USD$30m which was spent on a spurious court (PCA) under the instruction of USA. USA refused to reimburse Philippines for its own political agenda.

Sunday, December 18, 2016

Weird phenomenon in the sky.

Mysterious dome cloud in UK village.

Saturday, December 17, 2016

Baltic dry index - 946

Today, Friday, December 16 2016, the Baltic Dry Index decreased by 20 points, reaching 946 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.

US rig count - 637

HOUSTON (AP) -- The number of rigs exploring for oil and natural gas in the U.S. increased by 13 this week to 637.

A year ago, 709 rigs were active. Depressed energy prices have curtailed exploration, although the rig count has been rising in recent weeks.

Houston oilfield services company Baker Hughes Inc. said Friday that 510 rigs sought oil and 126 explored for natural gas this week. One was listed as miscellaneous.

Texas gained 14 rigs, New Mexico gained two and Colorado added one.

Oklahoma and Wyoming each declined by two, and North Dakota lost one.

Alaska, Arkansas, California, Kansas, Louisiana, Ohio, Pennsylvania, Utah and West Virginia were unchanged.

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

China has been selling US bonds!

https://sg.finance.yahoo.com/news/japan-tops-china-largest-holder-210357229.html

In order to cut its foreign reserves losses, China has been selling its US bonds. However, this is more than meets eye. China is trying to shift its backbone support of renminbi to a basket of currencies instead of relying on USD only. In other words, China doesn't want the strength of RMB to be based on USD only. Furthermore, selling US bonds will thwart the rises in interest rates and impede RMB depreciation which is a win-win strategy for China.

Thursday, December 15, 2016

China is trading with Europe by railways!

China started to export coffee to Europe by railway in 2015.

http://www.chinadaily.com.cn/m/yunnan/puer/2015-07/03/content_21175803.htm

Myanmar port is connected to Yunan and China can use Myanmar port to import and export without going through SG.

China has started to import fresh produces from Europe by railway in 2016.

http://www.chinadaily.com.cn/business/2016-12/12/content_27640943.htm

China has used the one-belt-one-road developments to reduce sea freights and also bypass SG for its own strategic interest and is successfully in doing it. SG can longer earn anything between China and Europe anymore.

Trade war has started!

http://www.channelnewsasia.com/news/business/international/china-to-fine-us-automaker-china-daily/3367204.html

USA, EU and Japan don't want to grant market economy status to China in WTO and USA doesn't want to stick to the one china policy. All these antagonise China and China is retaliating with a trade war against USA for now starting with GM as its first target.