Asia Data Response Korea Trade (1st – 20th Nov.) Buoyant foreign demand for electronics drove strong export growth over the first 20 days of November and this should remain the case over the coming months. 23rd November 2020 · 2 mins read
Asia Data Response Korea Trade (1st – 10th Nov.) Korean exports remained buoyant in the first ten days of November and there are few signs that large second waves of the virus are weighing on demand for Korean exports. We expected continued strong... 11th November 2020 · 2 mins read
Asia Data Response Korea Trade (Oct.) Korean export values picked up to above pre-crisis levels in October and grew in working-day adjusted y/y terms for the first time since late-2018. While large second waves of the virus across the... 2nd November 2020 · 2 mins read
Asia Data Response Korea GDP (Q3, provisional) Korean GDP rebounded last quarter as exports bounced back strongly, and with the economic impact of the “second wave” fading and exports picking up further, the recovery is set to continue over the... 27th October 2020 · 2 mins read
Asia Data Response Korea Trade (1st – 20th Oct.) Strong export growth in the first 20 days of October was driven by buoyant foreign demand for electronics, and exports now look likely to provide a boost to y/y growth this quarter. 21st October 2020 · 2 mins read
Asia Economics Update Bank of Korea holds, more yield control policies likely The Bank of Korea (BoK) left its main policy rate on hold at 0.50% today and, with the economic recovery holding up relatively well, further rate cuts seem unlikely. Instead the focus of the BoK is... 14th October 2020 · 3 mins read
Asia Data Response Korea and Taiwan Manufacturing PMIs (Sep.) PMI readings for Korea and Taiwan suggest industry in both countries picked up momentum last month, and we expect output to continue growing in the months ahead on the back of strong exports. 5th October 2020 · 2 mins read
Asia Data Response Korea Trade (Sep.) Korean export values held steady in September at a touch below pre-crisis levels, and we expect gradual improvements in the months ahead. 1st October 2020 · 2 mins read
Asia Data Response Korea Trade (1st – 20th Sep.) Exports rebounded to pre-crisis levels for the first time in the first 20 days of September and, while we don’t necessarily think export values will keep going from strength to strength, today’s data... 21st September 2020 · 2 mins read
Asia Data Response Korea Trade (1st – 10th Sep.) Korean exports rose in levels terms in the first 10 days of September and, with trading-partner economies still getting back on their feet, we expect further gradual improvements in external demand. 11th September 2020 · 2 mins read
Asia Data Response Korea Trade (Aug.) Korean export values rose again in August and we expect a continued recovery in external demand to drive further small improvements in the months ahead. 1st September 2020 · 2 mins read
Asia Economics Update Second wave impacts to differ in Korea and Japan Both Korea and Japan are experiencing second waves, but a stronger shift in consumer behaviour in Korea means the outbreak there is likely to have a larger impact on growth. As such, we’ve revised... 27th August 2020 · 3 mins read
Asia Economics Update Bank of Korea indicates more loosening to come The Bank of Korea (BoK) left its policy rate on hold at 0.50% today but gave hints at the press conference that fresh rate cuts were on the table. We have pencilled in a cut in Q3 as a result and are... 27th August 2020 · 3 mins read
Asia Chart Pack Second wave unlikely to completely derail recoveries Having been among the fastest in the world at controlling the initial outbreak, Hong Kong, Vietnam and Korea are all at different stages of a second wave of infections. With new infections in Hong... 26th August 2020 · 14 mins read
Asia Data Response Korea Trade (1st – 20th Aug.) While exports dropped back a little in the first 20 days of August, we suspect this was mainly due to the impact of widespread flooding at the start of the month. Looking at the data more recently... 21st August 2020 · 2 mins read
Asia Data Response Korea Trade (1st – 10th Aug.) The unexpected slump in Korean exports in the first 10 days of August could just be volatility in the data, but a reversal in the performance of exports to the US suggests the fall at least partially... 11th August 2020 · 2 mins read
