https://sg.news.yahoo.com/north-korea-says-ready-strike-u-aircraft-carrier-060107207.html
Let's see how defiant he will be when 3 USA carriers are near NK waters. He is pinning his hope on China & Russia to get involved in the possible war against USA.
Monday, April 24, 2017
Sunday, April 23, 2017
NASA found tree stump on mars.
China is trying to erode Singapore's financial hub.
https://www.bloomberg.com/news/articles/2017-04-12/chinese-backers-said-to-plan-derivatives-exchange-in-singapore
The one-belt-one-road initiatives will definitely erode Singapore's sea hub status and this will diminish our port annual handling volumes. China is trying to erode our financial hub status by setting up an asia pacific exchange now. Our stock exchange is not doing well lately with many delistings and SGX has difficulty in attracting big companies to list in Singapore. SGX will be marginalised with this upcoming China's asia exchange.
The one-belt-one-road initiatives will definitely erode Singapore's sea hub status and this will diminish our port annual handling volumes. China is trying to erode our financial hub status by setting up an asia pacific exchange now. Our stock exchange is not doing well lately with many delistings and SGX has difficulty in attracting big companies to list in Singapore. SGX will be marginalised with this upcoming China's asia exchange.
Saturday, April 22, 2017
Baltic dry index - 1195
Today, Friday, April 21 2017, the Baltic Dry Index decreased by 48 points, reaching 1195 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.
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 - 857
HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. rose by 10 this week to 857.
A year ago, 431 rigs were active.
Houston oilfield services company Baker Hughes Inc. said Friday that 688 rigs sought oil and 167 explored for natural gas this week. Two were listed as miscellaneous.
Texas added six rigs and Alaska, Colorado, North Dakota, Pennsylvania and Wyoming each gained one.
Oklahoma lost one rig.
Arkansas, California, Kansas, Louisiana, New Mexico, Ohio, Utah and West Virginia were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out last May at 404.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco.
Trump has enraged South Korea.
http://www.dailymail.co.uk/news/article-4431840/AP-Explains-How-single-Trump-sentence-enraged-South-Korea.html
Factually speaking, South Korea did pay tributes to China for a long period of time. However, this antagonization is not about history but more for political reason.
South Korea is making a big fuss because it is afraid to be sold out by USA. Trump is offending SK deliberately because he knows the next SK president may not want to install THAAD. This incident may actually force SK to accept the THAAD installation because SK doesn't want to be sold out.
Factually speaking, South Korea did pay tributes to China for a long period of time. However, this antagonization is not about history but more for political reason.
South Korea is making a big fuss because it is afraid to be sold out by USA. Trump is offending SK deliberately because he knows the next SK president may not want to install THAAD. This incident may actually force SK to accept the THAAD installation because SK doesn't want to be sold out.
Friday, April 21, 2017
OMG! Russia is troop massing along North Korea border.
http://www.express.co.uk/news/world/794110/russia-north-korea-border-vladimir-putin-relocating-tanks-and-troops
It's strange that Russia is moving its troops to North Korea border as it has only about 17.6km long border with North Korea which is nothing compared to China. This military movement shows that Russia will definitely get involved in the war if USA attacks North Korea.
China has already moved 150,000 troops to its North Korea border and has prepared its bombers for the war.
http://www.businessinsider.com/china-150000-troops-north-korea-xi-trump-2017-4?IR=T&r=US&IR=T
It's strange that Russia is moving its troops to North Korea border as it has only about 17.6km long border with North Korea which is nothing compared to China. This military movement shows that Russia will definitely get involved in the war if USA attacks North Korea.
China has already moved 150,000 troops to its North Korea border and has prepared its bombers for the war.
http://www.businessinsider.com/china-150000-troops-north-korea-xi-trump-2017-4?IR=T&r=US&IR=T
USA lied about sending its 3 aircraft carriers to North Korea.
https://www.nytimes.com/2017/04/18/world/asia/aircraft-carrier-north-korea-carl-vinson.html?_r=0
As posted previously, there would be a tell-tale sign of USA military attack against NK. However, we see no such sign and we're right because USA carriers are not in sight near NK.
What a joke!
http://sg-stock.blogspot.sg/2017/04/how-do-you-know-when-usa-will-attack.html
As posted previously, there would be a tell-tale sign of USA military attack against NK. However, we see no such sign and we're right because USA carriers are not in sight near NK.
What a joke!
http://sg-stock.blogspot.sg/2017/04/how-do-you-know-when-usa-will-attack.html
Accounting scandals are emerging again!
http://www.nasdaq.com/article/nikkei-rises-to-112-week-highs-but-fujifilm-stumbles-on-probe-20170421-00074
After the Toshiba's accounting scandal, Fujifilm is the next to join the scandal club. Many conglomerates are fudging their accounting books again.
https://www.ft.com/content/98ecd5fc-5312-3cef-b66c-b0df0be366cc
After the Toshiba's accounting scandal, Fujifilm is the next to join the scandal club. Many conglomerates are fudging their accounting books again.
https://www.ft.com/content/98ecd5fc-5312-3cef-b66c-b0df0be366cc
Thursday, April 20, 2017
New russian missile, zircon, strikes fears in USA & Europe.
https://www.thesun.co.uk/news/3179089/russia-hypersonic-zircon-missiles-speed-of-sound/
Russia has recently tested its hypersonic zircon missile and found that it could reach a speed of 8x of sound. This missile cannot be intercepted as the best missiles interceptor can only shoot down missiles travelling at 2.5x.
Kudos to Russia for this development to curtail USA & NATO aggression.
Russia has recently tested its hypersonic zircon missile and found that it could reach a speed of 8x of sound. This missile cannot be intercepted as the best missiles interceptor can only shoot down missiles travelling at 2.5x.
Kudos to Russia for this development to curtail USA & NATO aggression.
This world is about USA first, Australia first but Singapore second.
https://sg.news.yahoo.com/australia-first-foreign-visa-changes-spark-cheers-fears-074544414.html
Singapore's propaganda is always foreigners first but Singaporeans second. USA and Australia governments will never call their own citizens xenophobes but Singapore will. Sigh!
Singapore's propaganda is always foreigners first but Singaporeans second. USA and Australia governments will never call their own citizens xenophobes but Singapore will. Sigh!
This is a tell-tale sign of what's to come for Singapore.
https://sg.news.yahoo.com/singapore-junior-colleges-merging-first-time-eight-schools-affected-043852181.html
Singaporeans are getting fewer and fewer! In time to come, PRs will be more than Singaporeans.
Singaporeans are getting fewer and fewer! In time to come, PRs will be more than Singaporeans.
Wednesday, April 19, 2017
25 April 2017 is a special day for Asia. Why?
North Korea is expected to launch another missile test on 25 April 2017 and USA has declared that it will intercept the missile.
Let's hope we can get pass this date peacefully.
Let's hope we can get pass this date peacefully.
Tuesday, April 18, 2017
What's happening to USA bond yields?
The 10-year USA bond yield has fallen to 2.26% because of geopolitical reasons in Syria & NK.
A low bond yield is bad for the economy because it will denote that the economy is not growing and fixed-income investments will have very lousy rates of returns because the returns are eroded by inflations.
Gold is also affected by geopolitical reasons.
http://finance.yahoo.com/news/gold-hits-five-month-high-042918105.html
Can you imagine an inflation of 2% and 10-year bond yield at 2% too? This would mean that fixed-income return would be negative after costs. When fixed-income investments are losing money, consumer spendings will be greatly affected and a vicious cycle will develop that will cause recession.
A low bond yield is bad for the economy because it will denote that the economy is not growing and fixed-income investments will have very lousy rates of returns because the returns are eroded by inflations.
Gold is also affected by geopolitical reasons.
http://finance.yahoo.com/news/gold-hits-five-month-high-042918105.html
Can you imagine an inflation of 2% and 10-year bond yield at 2% too? This would mean that fixed-income return would be negative after costs. When fixed-income investments are losing money, consumer spendings will be greatly affected and a vicious cycle will develop that will cause recession.
China 1st quarter GDP growth is 6.9%
https://www.bloomberg.com/news/articles/2017-04-17/china-roars-back-to-lift-global-outlook-as-u-s-consumer-weakens?utm_source=yahoo&utm_medium=bd&utm_campaign=headline&cmpId=yhoo.headline&yptr=yahoo
It's good to see China growing at 6.9% in the first quarter of 2017 because China is helping to prop up the world economies. China accounted for 1/3 of global growth per se in 2016 and China would contribute more this year as US would be in protectionistic mode.
It's good to see China growing at 6.9% in the first quarter of 2017 because China is helping to prop up the world economies. China accounted for 1/3 of global growth per se in 2016 and China would contribute more this year as US would be in protectionistic mode.
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