Securities Times e company news, the reporter learned from relevant channels that China Evergrande has yesterday remitted 83.5 million U.S. dollars of interest on a public market dollar bond due on September 23 to the trustee's Citibank account, which will be held in October. It will be paid to each holder of the bond before the grace period expires on the 23rd.
The European Central Bank will be one of the last major central banks to raise interest rates after the COVID-19 pandemic, according a Reuters poll of economists, who still say the risk is a rate rise comes sooner than their current prediction of 2024.
Australia’s central bank was forced back into defending its bond-yield target as markets challenge its sanguine view toward inflation and forecast that interest rates will remain ultra-low until 2024.
“Activity at Japanese private sector businesses returned to expansion territory at the start of the fourth quarter of 2021, according to the latest flash PMI data. The rise was the first in six months and came as the dominant service sector registered an increase in activity for the first time since January 2020.
- Japan Jibun Bank Services PMI Oct P 50.7 (prev 47.8)
- Japan Jibun Bank Composite PMI Oct P 50.7 (prev 47.9)
The Bank of Japan is discussing phasing out a COVID-19 loan programme if infections in the country continue to dwindle, sources told Reuters, potentially setting the bank up to exit a key crisis-mode policy sooner than investors expect.
The consumer price index for Japan in September 2021 was 100.1 (2020=100), up 0.2% over the year before seasonal adjustment, and up 0.4% from the previous month on a seasonally adjusted basis
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