Asia Economics Weekly Tariff exemption boost, Singapore goes to the polls The recent US decision to exempt a range of electronics—including smartphones, semiconductors, and TVs—from tariffs offers temporary relief to Asian exporters, particularly Taiwan, where over 60% of... 17th April 2025 · 8 mins read
China Economics Weekly China Weekly: US-China decoupling is going into overdrive The gradual unravelling of economic ties between the US and China over the past decade is now giving way to a much more abrupt and extreme rupture. Sky-high tariffs threaten a collapse in bilateral... 17th April 2025 · 6 mins read
Asia Economics Update Korea: not the end of the easing cycle The Bank of Korea today left interest rates unchanged, but the dovish commentary from the press conference and the statement suggest further cuts are coming. We are sticking with our view that rates... 17th April 2025 · 3 mins read
Japan Economics Weekly Japan Weekly: Mr Akazawa goes to Washington While the Bank of Japan will probably cut its forecasts for GDP growth at its May meeting, we still expect the Bank to signal confidence in meeting its 2% inflation target on a sustained basis. Indeed... 17th April 2025 · 4 mins read
Capital Daily Further renminbi weakness looks likely to us We think China will continue to allow the renminbi to weaken, perhaps all the way to 8.0/$ . 16th April 2025 · 4 mins read
China Rapid Response China GDP (Q1) & Activity (Mar. 2025) China’s economy regained some momentum in March thanks to fiscal support, which helped the Q1 GDP figures beat expectations. Still, this wasn’t enough to deliver faster growth over the quarter as a... 16th April 2025 · 2 mins read
India Rapid Response India Consumer Prices (Mar. 2025) The larger-than-expected fall in Indian consumer price inflation in March, which pushes it further below the Reserve Bank of India’s (RBI’s) 4% target, reinforces our view that the central bank will... 15th April 2025 · 2 mins read
Japan Chart Pack Japan Chart Pack (Apr. 25) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. Japan's economy will be hit less hard than many other large economies by the recent escalation of... 15th April 2025 · 1 min read
China Economics Focus Is China offloading its dollar assets? Available data don’t give a definitive answer to whether sales by Chinese institutions contributed to the recent volatility in the US bond market. But China’s state managers of foreign assets still... 14th April 2025 · 10 mins read
Climate Economics Update Major tests for IMF climate deals in Egypt and Pakistan The IMF’s Resilience and Sustainability Facilities with Egypt and Pakistan will incentivise policymakers to implement climate adaptation and mitigation policies. That said, both countries still need... 14th April 2025 · 3 mins read
Australia & New Zealand Economics Update Weaker business confidence would force RBA’s hand While the recent drop in crude oil prices would lower inflation a bit, that drag will be more than offset by a boost from the weaker Australian dollar. The upshot is that barring a sharp fall in... 14th April 2025 · 3 mins read
China Rapid Response China Merchandise Trade (Mar. 2025) Export growth accelerated in March, as manufacturers rushed to ship goods to the US ahead of “Liberation Day”. But shipments are set to drop back over the coming months and quarters. We think it could... 14th April 2025 · 2 mins read
China Rapid Response China Bank Lending & Broad Credit (Mar. 2025) Bank loan growth accelerated for the first time in over two years last month, helping to take broad credit growth to a 10-month high. While some further gains are likely, we still expect a more modest... 14th April 2025 · 2 mins read
Asia Rapid Response Singapore Monetary Policy Decision (April 2025) Singapore’s central bank loosened monetary policy again today and with inflation set to remain low and the economy weak, further easing looks likely in the coming quarters. 14th April 2025 · 3 mins read
