Asia Economics Weekly

Jump in Korea’s fertility rate, Indonesia’s new sovereign wealth fund

Figures published earlier this week showed the fertility rate in Korea increased last year for the first time in nine years. However, we think this was mainly due to a post-COVID rebound in marriages...

28th February 2025 · 6 mins read

Japan Economics Weekly

Japan Weekly: Demographic crisis worsening as births keep falling

Japan is now recording more than twice as many deaths as births, with that ratio only surpassed in war-ravaged Ukraine and celibate Holy See. While the number of employed people nonetheless hit a...

28th February 2025 · 4 mins read

Australia & New Zealand Economics Weekly

ANZ Weekly: RBA won’t drop its guard just yet

At first glance, data released this week should give the RBA greater confidence that it has brought price pressures under control. Both headline and underlying inflation remained within the Bank's 2-3...

28th February 2025 · 5 mins read

Equities Update

A new dawn for China's stock market?

The near-term picture for China’s equities looks brighter than we’d previously thought, and we’re revising up our forecasts for them significantly. But, we still think they will underperform those in...

28th February 2025 · 8 mins read

Japan Rapid Response

Japan Retail Sales & Industrial Production (Jan. 25) & Tokyo CPI (Feb. 25)

The January activity data suggest that GDP will have fallen this quarter, but that would follow strong gains in previous quarters. With inflation set to overshoot the Bank of Japan’s forecasts, we...

28th February 2025 · 2 mins read

Global Economics Update

Is Trump’s opening to Russia a “Reverse Nixon”?

President Trump’s attempts to reset relations with Russia have led some to suggest that he may be attempting to break apart the Sino-Russian alliance as Nixon did in the early 1970s (although in Nixon...

27th February 2025 · 7 mins read

China Economics Update

Homebuilding downturn will continue for years

Policy support is helping developers secure financing and should boost their sales this year. This will allow them to intensify work on existing projects. But it won’t prevent homebuilding activity...

27th February 2025 · 4 mins read

Asia Economics Update

Bank Indonesia’s bond purchases could backfire

Bank Indonesia now owns a larger share of government bonds than some DM central banks did at the height of their pandemic QE programmes. Amidst worries that the fiscal guardrails are coming off, BI’s...

27th February 2025 · 4 mins read

Asia Chart Pack

Asia Chart Pack (February 2025)

Our Asia Chart Pack has been updated with the latest data and our analysis of recent developments. With GDP growth set to struggle and inflation to remain low, central banks are likely to continue to...

26th February 2025 · 0 mins read

India Chart Pack

India Chart Pack (February 2025)

India’s economy is in the midst of a softer patch which we think will continue for a few more quarters. Headline CPI inflation is now within touching distance of the Reserve Bank’s 4% target and looks...

26th February 2025 · 1 min read

Australia & New Zealand Chart Pack

ANZ Chart Pack (Feb. 2025)

Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. The RBA began its easing cycle with a 25bp cut this month, but it appeared in no hurry to loosen...

26th February 2025 · 1 min read

Asia Rapid Response

Thailand Monetary Policy Announcement (February)

26th February 2025 · 2 mins read

Australia & New Zealand Rapid Response

Australia Monthly CPI Indicator (Jan. 2025)

26th February 2025 · 3 mins read

Event

China Drop-In: 2025 NPC – Setting policy goals in a trickier global environment

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This year’s National People’s Congress (NPC) is taking place against a difficult backdrop for China’s economy; stimulus efforts have so far had only a fleeting impact on activ

India Economics Update

India trip notes – Trump tariffs, the digital boom and data

A week spent visiting clients, policymakers and contacts in India underlines that the digital economy is thriving, that there is hope that India will not be hit hard by Trump’s tariffs, and that much...

25th February 2025 · 4 mins read