Asia Economics Focus Korea: 1% GDP growth to prompt further rate cuts We expect Korea’s economy to grow by just 1.0% this year, with the political crisis and the downturn in the property sector set to weigh heavily on demand. Our forecast is well below both the... 19th February 2025 · 11 mins read
Climate Economics Update Emissions reduction efforts becoming fractured Whereas political pushback against the cost of climate action is hindering policy in North America and Europe, the tailwinds from China’s low-cost green technology exports are becoming more... 19th February 2025 · 3 mins read
Capital Daily We doubt China equity outperformance will last Chinese stocks have generally outperformed those elsewhere in recent weeks amid signs that investors’ enthusiasm over AI is (belatedly) benefiting stocks there. While we agree that the outlook for... 18th February 2025 · 5 mins read
India Economics Update India’s digital economy going from strength to strength Five years on from start of the pandemic, one of the big economic legacies in India is the adoption of digital payments, driven by mobile apps and the Unified Payments Interface. This increased... 18th February 2025 · 3 mins read
Emerging Markets Economics Update EM central banks outside of Asia increasingly cautious The outcomes of central bank meetings over the last few weeks underscore the point that Asia will lead the next phase of the EM monetary easing cycle this year, alongside Mexico. Meanwhile, there are... 17th February 2025 · 3 mins read
Japan Economics Update Why are Japan’s households not partying like its 1989? While household incomes are rising the most since the early 1990s, households are saving rather than spending the bulk of those gains. And with real income growth set to slow this year, we expect... 17th February 2025 · 3 mins read
India Economics Weekly India Weekly: What we learnt from the Modi-Trump meeting India would appear to be one of the most exposed countries worldwide to a US reciprocal tariff. But concessions made in the meeting between PM Modi and President Trump this week raise hope that India... 14th February 2025 · 4 mins read
Commodities Weekly Commodities Weekly: Trump talks Ukraine peace, EU gas slides; metals tariffs The possibility of the EU increasing pipeline supplies of Russian natural gas following Trump’s announcement of peace talks with Putin has contributed to a sharp fall in EU gas prices. Whether or not... 14th February 2025 · 4 mins read
China Economics Weekly More support for developers, while marriages plunge The decline in the number of marriages in China that was revealed this week isn’t just due to there being fewer eligible people. The rate at which young adults are marrying has halved over the past... 14th February 2025 · 5 mins read
Asia Economics Weekly Who will be hit hardest by Trump’s latest tariff threats? President Trump looks to have abandoned the idea of imposing a flat universal tariff of 10%-20% on all imports to the US, and now appears to be favouring new reciprocal tariffs that will be imposed on... 14th February 2025 · 7 mins read
China Economics Update Reciprocal tariffs underscore Trump threat for China China is among a minority of countries that apply lower tariff rates on the US than vice versa, so it is not as obviously exposed to reciprocal tariffs as many others. But President Trump’s latest... 14th February 2025 · 4 mins read
