Chinese President Xi Jinping will visit Uzbekistan and Kazakhstan this week, Chinese media reported on Monday, citing the Chinese Foreign Ministry.
Xi will attend the Shanghai Cooperation Organisation (SCO) summit in Samarkand and will visit Kazakhstan from September 14 to September 16, the Chinese Foreign Ministry said.
As previously reported, Russian President Vladimir Putin plans to hold a meeting with Chinese President Xi on the sidelines of the SCO summit in Samarkand.
The SCO summit will be held in Samarkand on September 15-16.
Against the backdrop of the ongoing Russian military aggression in Ukraine, Indian Ambassador to Ukraine Harsh Kumar Jain handed over to the Ministry of Health of Ukraine the 12th cargo of humanitarian aid, which included medicines and medical equipment, including hemostatic bandages.
According to a press release from the Indian embassy given to the Interfax-Ukraine agency, India had already transferred 97.5 tons of humanitarian aid to Ukraine, which consisted of medical products, blankets, tents, medical products and medical equipment.
“India remains committed to expanding its humanitarian support to the people of Ukraine during this challenging time,” said Ambassador Jain.
In addition, several Indian pharmaceutical companies donated medicines, emergency supplies, food and financial assistance to Ukraine in the amount of more than $8 million.
The TAS Agro agrarian group has appointed Valeriy Novitsky as the CEO of the holding, where he previously served on the Board of Directors, its Facebook page reported on Monday.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, Novitsky owns 40% in the authorized capital of Bilzerno LLC (Misaylovka village, Kyiv region) and 55% in TN Product LLC (Kyiv), while the remaining 60% and 45% in these legal entities belong to the Ukrainian businessman Sergey Tigipko.
Before the war, TAS Agro cultivated 83 thousand hectares in Vinnitsa, Kyiv, Kirovograd, Chernihiv, Nikolaev, Sumy, Kherson and Dnepropetrovsk regions, was engaged in dairy farming (up to 5.5 thousand heads of cattle), owned six elevators with a one-time storage capacity of 250 thousand tons.
The TAS Group was founded in 1998. Her business interests cover the financial sector (banking and insurance segments) and pharmacy, as well as industry, real estate, and venture projects.
The founder of “TAS” is Sergey Tigipko.
Over the past two weeks, Oschadbank has concluded 149 loan agreements for a total of UAH 547 million under the Affordable Loans 5-7-9% program, the Ministry of Finance reported on its website.
According to the agency, in just two weeks, under this state program, all participating banks issued 247 loans in the amount of UAH 1.43 billion.
According to the Ministry of Finance, during the specified period, FUIB issued 26 additional loans for UAH 193 million, Credit Agricole Bank – 23 loans for UAH 163 million. Raiffeisen Bank – 11 loans for UAH 115 million, state-owned Ukrgasbank – three loans for UAH 12 million, ProCredit Bank – two loans for UAH 5 million, and state-owned Ukreximbank – one loan for UAH 19 million.
The Ministry of Finance clarified that during the period of martial law in Ukraine, 11,986 loans worth UAH 40.6 billion were concluded within the framework of the state program “Affordable loans 5-7-9%”, 44 banks participate in the program.
In total, since the start of the program on September 12, companies have received 46.808 thousand loans from authorized banks for a total of UAH 138.22 billion, of which 30.031 thousand from state-owned banks for UAH 54.4 billion.
Despite the absence of new loans in recent weeks from PrivatBank, it remains the leader in terms of the number and volume of issued financing – 19.39 thousand loans for UAH 19.67 billion. It is followed by Oschadbank – 6.67 thousand for UAH 19.67 billion and UAH 16.08 billion, respectively.
The top five also includes Raiffeisen Bank – 4.09 thousand loans for UAH 18.55 billion, state-owned Ukrgasbank – 3.18 thousand for UAH 11.74 billion and FUIB – 2.57 thousand for UAH 15.49 billion. In the second five – ProCredit Bank – 2.23 thousand for UAH 9.94 billion, Kredobank – 1.52 thousand for UAH 5.84 billion, Credit Agricole Bank – 1.4 thousand for UAH 8.28 billion, OTP The bank – 0.81 thousand for UAH 4.91 billion and the state-owned Ukreximbank – 0.79 thousand for UAH 6.36 billion.
JSC Ukrgazvydobuvannia has resumed the work of two previously stopped wells in Poltava region with a production capacity of 250,000 cubic meters per day, the company said in the Telegram channel on Monday.
“Specialists of Ukrgazvydobuvannia resumed the life of two wells that had previously stopped producing gas due to the depletion of gas-bearing horizons. Now, after an overhaul, we are extracting about 250,000 cubic meters of gas per day from them,” it informed.
As the company explained, in order to resume the work of wells, the specialists of Ukrgazvydobuvannia decided to use other promising horizons, for which they replaced old worn-out pipes and perforated them.
Both workover operations were performed by the internal service contractor UGV-Service.
“Despite the danger and difficulties with logistics and the provision of necessary materials, the employees of the branch continue to perform both basic repairs and highly complex operations to remove emergency equipment, prepare for hydraulic fracturing operations and test wells after development and exploratory drilling,” Ukrgazvydobuvannia said.
Thanks to an overhaul at one of the mentioned wells, an opportunity has also opened up to increase gas reserves that were not previously taken into account.
As reported, in January-June 2022 Ukrgazvydobuvannia reduced the supply of commercial gas by 1.5% compared to the same period in 2021, to 6.31 billion cubic meters.
Stock indices of Japan and Australia rose at the auctions on Monday, following the US stock market, which confidently strengthened at the end of last week.
At the same time, the exchanges of China, Hong Kong and South Korea were closed. China celebrates the autumnal equinox, while Korea celebrates Chuseok.
American stock indexes closed trading on Friday with active growth, ending the first week of the last four in positive territory. Investors followed the statements of the world’s central banks and signals about global inflation.
This week, market participants are waiting for data from the US Department of Labor on the dynamics of consumer prices in August, which will be published on Tuesday, as well as data on industrial production, retail sales and capital investment in China in August, which will be released on Friday.
Meanwhile, outbreaks of coronavirus in China and the restrictive measures introduced in connection with them remain a cause for concern, writes MarketWatch.
The Japanese Nikkei 225 closed up 1.16%. The indicator reached its maximum value in two weeks.
The growth leaders among the components of the index are the shares of retailer Isetan Mitsukoshi Holdings Ltd (+4.7%), providing online medical services M3 Inc. (+3.9%) and rail and bus operator Keisei Electric Railway Co. (+3.6%).
Asia’s largest clothing retailer Fast Retailing rose 2.3%, while automaker Nissan Motor Co. – by 2.45%.
The Australian S&P/ASX 200 rose 1.02%.
The market value of the world’s largest mining companies BHP and Rio Tinto increased by 3.5% and 1.8%, respectively.
Commonwealth Bank of Australia rose 0.8%, Westpac Banking Corp. – by 1.04%, Australia & New Zealand Banking Group Ltd. – by 1.35%.
