Asia Economics Weekly Weak data from Korea; Indonesia and Pakistan elections This week’s data dump from Korea suggests the economy weakened at the start of Q4, supporting our view that the tightening cycle is over and that interest rate cuts could come onto the agenda soon. 1st December 2023 · 6 mins read
Asia Economics Update Manufacturing PMIs & Korean trade(November) The November PMIs for Emerging Asia generally nudged up a touch but remained weak overall. The outlook for manufacturing sector in the region remains bleak in the near term as elevated inventory... 1st December 2023 · 2 mins read
Asia Economics Update Korea: rate cuts likely in mid-2024 The Bank of Korea (BoK) today left its policy rate unchanged (at 3.5%) for a seventh consecutive meeting, and hinted that interest rates would remain elevated as it continues to clamp down on... 30th November 2023 · 3 mins read
China Rapid Response PMIs (Nov.) Taken at face value, the PMIs suggest that the economy made some headway in November. However, they still point to a marked slowdown in recent months. That may not be the case in practice – the hard... 30th November 2023 · 4 mins read
China Economics Update China to buck the trend of rising equilibrium rates In much of the world, interest rates are likely to settle at higher levels than was the case prior to the pandemic. But China is a key exception, with its shrinking population, slowing productivity... 29th November 2023 · 5 mins read
China Chart Pack China Chart Pack (Nov. 2023) China’s economy is making headway again after stalling during the summer. A step up in policy support looks set to deliver a modest cyclical recovery but trend growth remains under pressure. 28th November 2023 · 1 min read
Asia Chart Pack Emerging Asia Chart Pack (Nov. 2023) Our Emerging Asia Chart Pack has been updated with the latest data and our analysis of recent developments. Lingering concerns about inflation mean Asian central banks will keep interest rates high in... 28th November 2023 · 0 mins read
Asia Economics Weekly Q3 strength unlikely to last, CBSL cuts again GDP growth rebounded strongly across most of Emerging Asia last quarter, but we doubt this strength will last. We expect growth to slow in the near term as weak exports and tight monetary and fiscal... 24th November 2023 · 8 mins read
China Economics Weekly Property rescue efforts intensify Policymakers want banks to lend more to developers, especially private ones. They will be reluctant to do so but are likely to comply to some degree – previous rounds of credit support for developers... 24th November 2023 · 6 mins read
Event Asia Drop-In: Japanese rates at 2%? China’s economic outlook, RBI preview and more 1701331200 Our latest monthly Drop-In on the big macro and market stories in Asia focused on new analysis making the case for Japanese inflation and the Bank of Japan policy rate both to hit 2% by 2030.
Asia Economics Update Malaysia: Anwar failing to make progress on reform One year into his premiership, Anwar Ibrahim has made very limited progress on his key reform objectives. Given his weak position in parliament, we don’t anticipate this will change anytime soon, and... 22nd November 2023 · 3 mins read
Asia Economics Update Singapore: strong growth unlikely to be sustained Economic growth in Singapore rebounded strongly in the third quarter of the year, but we don’t expect this strength to last. A combination of weaker global demand and high interest rates will cause... 22nd November 2023 · 3 mins read
Asia Economics Update Thailand: steady growth ahead Economic growth in Thailand picked up in the third quarter of the year and we expect the economy to record steady, if unspectacular growth over the coming quarters, helped by looser fiscal policy and... 20th November 2023 · 2 mins read
