China reduced its US Treasury bond portfolio by $ 6.22 billion to $ 1.062 trillion amid strained relations with Washington in September. This was reported on Friday by the South China Morning Post, citing data from the US Treasury.
This was the lowest amount of these investments since February 2017. According to the publication, China is reducing its share in US debt for the fifth month in a row. At the same time, Beijing continues to increase investment in the Japanese government bond market – in the first nine months of this year, they grew by 73%.
In September, China’s Global Times reported that China could cut US treasury stocks by about 20 percent to $ 800 billion amid escalating tensions with Washington. Officially, the Chinese government does not disclose the size of this portfolio.
However, according to US statistics, Hong Kong reduced the portfolio of US Treasury bonds by $ 5.46 billion – to 245.47 billion in September. This is the lowest level since October 2019, according to the South China Morning Post.
On August 3, Alphabet issued bonds worth $10 billion. This is the largest issue of debt securities in the history of the company, according to the Reuters. With $ 10 billion bond tranche allocated $ 1 billion with a maturity of 5 years and a coupon of 0.45%. The $4.5 billion tranches with maturities of […]
NBU gave the permission on 100% of shares purchasing of Com in Bank to the foreign investors. The representatives of National bank of Ukraine made the official statement. According to the source, Stefan Pinter, the chairman of GML Capital Fund, submitted the application for implementation of the transaction about the financial organisation assets acquisition two […]
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Last week, the value of cryptocurrency fell sharply, but now it is approaching a historic high again. According to Coin Desk, after a sharp drop last week, the value of bitcoin broke the record and reached $ 19,686. Thus, the cryptocurrency exceeded the value recorded on December 16, 2017 by $ 20,665. But the absolute […]
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According to the preliminary information, the official start of the Uber in Ukraine will take place in Kiev in the first quarter of this year and perhaps in Lviv. As told L?GA.net consultant on site Uberlin (the mediator of the company), a preliminary recruitment of drivers is opened. “Our company has experience with Uber in […]
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Oil becomes cheaper due to a sharp increase of reserves in the US and an increase in the number of coronavirus cases, which has raised fears of oversupply and weakening demand. This is evidenced by the data of stock trading on the site Investing.com published on Wednesday, October 28. In particular, the price of December […]
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The Cabinet of Ministers at a meeting on Wednesday, August 4, approved an energy security strategy. During the presentation of the document, Energy Minister Herman Galushchenko said that the strategy identifies, in particular, 29 threats to energy security, the key of which are cyber threats, Russian aggression, depreciation of fixed assets, lack of energy reserves, […]
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Lviv Bus Plant (LAZ) won the case from the communal enterprise Kyivpastrans in payment for delivering to the communal enterprise trolleybuses for over 118 million UAH in 2012. On March 16, the Kiev Commercial Court ordered the Kievprastrans to pay Lviv Bus Plant (LAZ) Ltd. more than 118 million UAH for the delivered trolley buses, […]
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The invention and distribution of coronavirus vaccines have made nine people billionaires. Euronews reported this with reference to the data of non-governmental organizations. “Nine new billionaires have a combined net worth of $ 19.3 billion, which is enough to fully vaccinate all people in low-income countries 1.3 times. Meanwhile, those countries have received only 0.2 […]
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The alliance between the two companies has been existing for 15 years, but for now the direction of companies expect for closer cooperation. It is supposed to create a single platform, which will produce 70% of Nissan and Renault cars (now there are 10% of manufactured machines), in fact, both brands are planning to release […]
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Tesla Inc. paid its chairman and founder, Elon Musk, $ 3 million in compensation for D&O insurance to defend, settle disputes, or make court decisions. This was reported by Insurance Business. This insurance covers the expenses of the members of the board of directors, which are not included in the general expenses of the top […]
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On Tuesday, JPMorgan Chase announced the launch of its mobile payment service QuickAccept, and on Wednesday, Visa launched its application called Tap to Phone. The purpose of both programs is to offer sellers an easy way to accept contactless payments from customers via a smartphone or tablet. According to Visa, in the context of the […]
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The offices and apartments of the A-95 consulting group were searched on Tuesday, July 13. The company’s director Serhiy Kuyun connects them with exposing materials about the BRSM-nafta gas station network. “Today in our apartments and the office of the consulting group A-95 were searched, equipment was seized. The last thing they said:” The police […]
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If re-rigid quarantine is introduced, the Ukrainian economy will lose three times less than during the spring lockdown. This was stated on ICTV by the adviser to the head of the President’s Office Tymofiy Milovanov. According to him, the second lockdown will be easier, because during this time the economy has adapted to the conditions […]
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International Court of Arbitration in New York in a dispute between the UMH – the Ukrainian publisher of “Forbes Ukraine” magazine, and the Forbes Media, LLC American publishing house ruled in favor of the latter on April, 20, and revoked the license of Forbes Ukraine, said in Forbes Media, LLC to the publication LІGA.net UMH […]
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PIMCO and other investors appealed to the court with the case against Citigroup, due to the fact that the bank is not able to control the mortgage loans, resulting in $2.3 billion of losses. Citigroup will respond in a New York´s state court in Manhattan for actions that not justified the confidence of investors. Now […]
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NPJSC Ukrtransgaz, Engie and its Enegie Energy Management Ukraine subsidiary company have concluded the contracts on natural gas transportation and storage. NPJSC Ukrtransgaz is reported about it.The agreement conclusion has taken place in Paris during Ukrainian and French economy forum . Igor Prokopiv, the President of NPJSC Ukrtransgaz admitted that they were ready to perform […]
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During his visit to Kyiv, French Minister of Economy, Finance and Reconstruction Bruno Le Mer will sign four strategic intergovernmental agreements worth a total of 1.3 billion euros. He said this in an interview with Interfax-Ukraine. “During my visit, France will sign four strategic intergovernmental agreements with Ukraine totaling 1.3 billion euros. This is very […]
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