Live news: KKR pays $800mn for stake in Singapore data centre business


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.

Nahdlatul Ulama chair Yahya Cholil Staquf
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.