Asia Economics Weekly Korea election blow for President Yoon, Taiwan export boom The poor performance of President Yoon’s PPP party in this week’s parliamentary elections in Korea will make it even harder for the president to push through his conservative reform agenda. That said... 12th April 2024 · 6 mins read
Asia Economics Update Bank of Korea keeps open the possibility of rate cuts The Bank of Korea left its policy rate on hold today (at 3.5%), but kept open the possibility of rate cuts later this year. However, with inflation concerns continuing to linger, we are pushing back... 12th April 2024 · 3 mins read
Asia Economics Weekly BoT decision on a knife edge Inflation in Thailand was still negative last month, according to data released earlier today. With recent activity subdued, the central bank will have to change tack and start loosening policy soon... 5th April 2024 · 8 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (Mar.) The PMIs from Emerging Asia remained weak in March. We think manufacturing sectors across most of Asia will struggle in the near term but activity in Korea and Taiwan is likely to remain strong. 1st April 2024 · 2 mins read
Asia Economic Outlook Asian central banks waiting for the Fed With inflation easing and domestic demand struggling in much of emerging Asia, central banks are likely to start cutting interest rates soon. The one remaining concern for policymakers is the fear of... 27th March 2024 · 27 mins read
Asia Economics Weekly Korea: resilient activity data, sticky inflation We are sticking with our view that the Bank of Korea will cut interest rates at its June meeting, but the recent resilience of the economy and the stickiness of inflation means the risks are skewed to... 8th March 2024 · 5 mins read
Emerging Markets Economics Update Judging the fiscal risks from upcoming EM elections This year is a particularly busy one for elections in the emerging world, and these votes raise the risk of fiscal giveaways that worsen public debt dynamics. We think the risks are greatest in... 7th March 2024 · 3 mins read
Asia Economics Weekly Korea: President Yoon’s rise in popularity boosts reform hopes President Yoon Suk-yeol has seen a rebound in his popularity in recent weeks, helped in part by the strong stance he has taken against the country’s striking junior doctors. The improvement in the... 1st March 2024 · 6 mins read
Capital Daily EM Asian equities’ comeback may be just the start Equities in Emerging Asia have outperformed those elsewhere in recent weeks, and we think that they’ll keep doing well during the rest of the year. 26th February 2024 · 5 mins read
Asia Economics Weekly Bank of Thailand under pressure to cut interest rates Thailand has experienced by far the slowest recovery from the pandemic in the region – with GDP just 0.5% bigger than it was in the final quarter of 2019. While much of the weakness is due to the slow... 23rd February 2024 · 7 mins read
Asia Economics Update Bank of Korea to cut rates in May The Bank of Korea left its policy rate on hold today (at 3.5%) and attempted to push back against expectations for an early rate cut. However, with inflation likely to be back to target soon and... 22nd February 2024 · 3 mins read
Asia Economics Update Korea: property downturn at an end After a couple of years in the doldrums, property construction in Korea is rebounding. The recovery in the sector should provide an important prop to economic growth this year. 20th February 2024 · 2 mins read
Asia Economics Weekly BoK on hold, Malaysia Q4 GDP, election roundup The Bank of Korea looks almost certain to leave interest rates unchanged at its meeting on Thursday. Instead, the focus will be on the tone of the statement. We expect the central bank to start... 16th February 2024 · 7 mins read
Asia Economics Weekly Monetary policy forecast changes, Korea inflation We are pushing back the timing of when we think the central banks of the Philippines and Indonesia will cut interest rates. Although inflation is within target in both countries and domestic demand is... 2nd February 2024 · 7 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (Jan.) The PMI data for Emerging Asia offered some encouraging signs but remained quite weak overall for most economies. While parts of the region are likely to see an improvement in activity, we expect... 1st February 2024 · 2 mins read
