China: True estate organization Sunac plans to hold a creditors’ meeting to restructure its offshore debt. The company’s shares have been suspended for a year soon after the default in 2022. An additional investor, Nation Garden, faces a deadline to spend far more than $15 million in interest on the bonds.
Australia: Michelle Bullock has been appointed governor of the Reserve Bank of Australia, succeeding Philip Lowe. She was appointed by Treasurer Jim Chalmers in July.
Indonesia: President Joko Widodo opened the National Conference of Alim Ulama in Jakarta. The conference, hosted by Nahdlatul Ulama, an Islamic social movement, will go over important religious problems. NU President Yahya Cholil Stakuf stated that 600 priests will attend.
Financial information: Singapore released export information for August.
Markets: Japan’s monetary markets are closed for Aged Respect Day, a national vacation. On the other hand, derivatives markets will stay open in Tokyo and Osaka. Standard trading will resume on Tuesday.