Asia Data Response Korea Trade (1st – 20th May) Korean trade data for the first 20 days of May show no signs of a turnaround in exports despite the easing of lockdowns in many trading partners. 21st May 2020 · 2 mins read
Asia Data Response Korea Trade (1st – 10th May.) Korean trade data for the first ten days of May show that exporters have taken a massive hit from lockdowns across the world. This bodes poorly for exporters across the rest of the region too. 11th May 2020 · 2 mins read
Asia Economics Weekly Infections ease, but recovery proving slow Though there are notable exceptions, there are some encouraging signs that new infections of the coronavirus are falling in many places in Emerging Asia. The slowing spread of the virus should allow... 8th May 2020 · 6 mins read
Asia Data Response Manufacturing PMIs (Apr.) The manufacturing PMIs for Asia sank sharply in April and are unlikely to have bottomed out yet in many places. Any recovery in industry thereafter is set to be very slow going. 4th May 2020 · 2 mins read
Asia Data Response Korea Trade (Apr.) Korean export values fell sharply in April and with global demand collapsing, trade is likely to remain very weak. Indeed, we wouldn’t be surprised if the May data worsened further still. 1st May 2020 · 2 mins read
Asia Data Response Korea GDP (Q1, provisional) Economic activity in Korea fell by the most since 2008 last quarter and unfortunately there is much worse to come. With the external environment weighing heavily on export demand, a much deeper... 23rd April 2020 · 3 mins read
Asia Data Response Korea Trade (1st – 20th Apr.) Korean trade data for the first 20 days of April suggest that slumping external demand is now weighing heavily on Korean exports. 21st April 2020 · 2 mins read
Asia Economics Weekly Elections in Korea, further easing in Pakistan With all the votes from Korea’s parliamentary election now counted, it has been confirmed that President Moon’s Democratic Party (DP) and its affiliate party won 180 of the 300 seats in the National... 17th April 2020 · 6 mins read
Asia Economics Update Will a drop in remittances cause further pain? The scale of job losses and falls in incomes caused by coronavirus containment measures across the world – but particularly in the US and the Gulf – is likely to weigh heavily on remittance inflows... 16th April 2020 · 3 mins read
Asia Economics Update Majority will boost Moon’s ability to enact reforms Adept handling of the current crisis has helped President Moon’s party to emerge from today’s National Assembly election with a majority, which should help breathe new life into his reform agenda... 15th April 2020 · 4 mins read
Asia Economics Update Korea: QE won’t negate need for more fiscal stimulus The Bank of Korea’ (BoK) left rates on hold at 0.75% today and announced plans to purchase government bonds. There is scope for quantitative easing to have an impact, but there are limits to how... 9th April 2020 · 3 mins read
Asia Data Response Korea Trade (Mar.) Korean trade figures held up surprising well in March but given collapsing global demand this is unlikely to continue. We expect a sharp contraction in export values in the next few months. 1st April 2020 · 2 mins read
Asia Data Response Manufacturing PMIs (Mar.) The manufacturing PMIs for Asia suggest that industry has been hit hard by the coronavirus, and we suspect the readings will deteriorate much further in the next couple of months. 1st April 2020 · 2 mins read
Asia Data Response Korea Trade (1st – 20th Mar.) There are signs that trade has recovered somewhat from the shock of Chinese factory shutdowns, with both exports and imports bouncing back over the first 20 days of March. But with the world economy... 23rd March 2020 · 2 mins read
Asia Economics Update Bank of Korea’s next step likely to be QE The Bank of Korea today finally responded to the coronavirus outbreak by cutting the policy rate by 50bp and introducing a number of other measures to ease financing constraints. Further measures... 16th March 2020 · 3 mins read
Asia Data Response Korea Trade (1st – 10th Mar.) Korean trade data for the first 10 days of March suggest that the disruption from factory closures in China to regional industry eased recently, although both imports and exports remain depressed. 11th March 2020 · 2 mins read
