Live news: Global investors brace for key central bank rate decisions
China: Property developer Sunac plans to hold a creditors’ meeting on its offshore debt restructuring. Trading in the indebted company’s shares was suspended for a year after it defaulted on liabilities in 2022. Another developer, Country Garden, faces an initial deadline to pay more than $15mn in bond interest.
Australia: Michele Bullock becomes Reserve Bank of Australia governor, succeeding Philip Lowe following her appointment by Treasurer Jim Chalmers in July.
Indonesia: President Joko Widodo opens the National Conference of Alim Ulama — a discussion of major religious matters — hosted by Nahdlatul Ulama, an Islamic mass social movement, in Jakarta. NU chair Yahya Cholil Staquf said 600 clerics would attend.
Economic data: Singapore releases August export figures.
Markets: Japan’s financial markets are closed for Respect for the Aged day, a national holiday. Derivatives markets will remain open in Tokyo and Osaka and normal trading resumes on Tuesday.
Summarize this content to 100 words China: Property developer Sunac plans to hold a creditors’ meeting on its offshore debt restructuring. Trading in the indebted company’s shares was suspended for a year after it defaulted on liabilities in 2022. Another developer, Country Garden, faces an initial deadline to pay more than $15mn in bond interest.Australia: Michele Bullock becomes Reserve Bank of Australia governor, succeeding Philip Lowe following her appointment by Treasurer Jim Chalmers in July.NU chair Yahya Cholil Staquf © AFP Indonesia: President Joko Widodo opens the National Conference of Alim Ulama — a discussion of major religious matters — hosted by Nahdlatul Ulama, an Islamic mass social movement, in Jakarta. NU chair Yahya Cholil Staquf said 600 clerics would attend.Economic data: Singapore releases August export figures.Markets: Japan’s financial markets are closed for Respect for the Aged day, a national holiday. Derivatives markets will remain open in Tokyo and Osaka and normal trading resumes on Tuesday.
https://www.ft.com/content/e6783a85-c0e3-42c7-950b-a166a3b88ff6 Live news: Global investors brace for key central bank rate decisions