Asia Economics Weekly KORUS renegotiation could benefit Korea The announcement earlier in the week from the US government that it is formally seeking to renegotiate the Korea-US free trade pact (KORUS) is not a big threat to the Korean economy. The negotiations... 14th July 2017 · 1 min read
Asia Economics Update Bank of Korea to leave rates unchanged for some time The Bank of Korea (BoK) left interest rates on hold today and there was little indication in the governor’s accompanying press conference that the central bank is in any hurry to adjust policy. We... 13th July 2017 · 1 min read
Emerging Markets Economics Update EM credit bubble is now (mostly) a China story The past couple of weeks have seen renewed concerns about credit risks in emerging economies. The key point that has been missed in much of the analysis, however, is that credit bubbles have begun to... 11th July 2017 · 1 min read
Asia Economic Outlook How long will the recovery last? A pick-up in exports will lift growth in Emerging Asia to a five-year high in 2017, but mounting domestic headwinds means that this is unlikely to be sustained. We expect growth to slow in 201819... 6th July 2017 · 1 min read
Asia Data Response Manufacturing PMIs (Jun.) The June PMIs for Emerging Asia suggest that the region’s manufacturing sectors remained in decent health. The pick up in the PMI readings in Taiwan and Korea – the two economies where the PMIs most... 3rd July 2017 · 1 min read
Asia Economics Weekly Asian financial crisis twenty years on There are more differences than similarities between the situation now and the position many Asian countries found themselves in on the eve of the Asian financial crisis 20 years ago. But there is no... 30th June 2017 · 1 min read
Asia Economics Update Asian equities continue to rally Asian equity markets have continued to rally, with stock markets in Taiwan, Korea, India and Indonesia all recently hitting new record highs. 29th June 2017 · 1 min read
Asia Economics Update What to make of Korea’s supplementary budget? South Korea’s new government today announced plans for a supplementary budget worth 11.2trn won (0.7% of GDP). But with parliament approval by no means guaranteed, we are not raising our growth... 5th June 2017 · 1 min read
Asia Data Response Manufacturing PMIs (May) Most of Emerging Asia’s manufacturing PMIs slipped in May, but we doubt this marks the start of a significant downturn in Asian manufacturing. 1st June 2017 · 1 min read
Asia Economics Update Asian equities continue strong run Asian equity markets have outperformed other EM markets over the past month, with bourses in Korea, India, Pakistan and Indonesia all reaching record highs in May. We are revising our equity forecasts... 31st May 2017 · 1 min read
Asia Economics Update Korea to keep rates unchanged for some time yet The Bank of Korea (BoK) left interest rates on hold today and the governor’s accompanying press conference makes clear the central bank is in little hurry to adjust rates anytime soon. We continue to... 25th May 2017 · 1 min read
Asia Economics Focus Assessing the impact of a war in Korea The most important impact of a full-scale conflict on the Korean peninsula would be a massive loss of life. But there would also be significant economic consequences. In this Focus we discuss the... 17th May 2017 · 1 min read
Asia Economics Update What does Moon’s victory mean for South Korea? The election of Moon Jae-in as South Korea’s next president is unlikely to have a major impact on the country’s economic outlook. Moon’s Democratic Party not only lacks a majority in parliament, but... 9th May 2017 · 1 min read
Asia Economics Focus Will Korea’s election put the economy on a new path? In addition to the growing geopolitical crisis on the Korean Peninsula, South Korea’s next president, who will be elected on 9 th May, will face a mounting number of economic challenges, including... 4th May 2017 · 1 min read
Asia Data Response Manufacturing PMIs (Apr.) The April PMIs for Emerging Asia suggest that the region’s manufacturing recovery remained intact. Focusing on the two economies where the PMIs most closely track the hard data, Taiwan’s manufacturing... 2nd May 2017 · 1 min read
Asia Data Response Korea GDP (Q1 Preliminary) Korea’s economy began 2017 on a strong note, and while we expect growth to hold up reasonably well in the near term, we doubt the Q1 outturn marks the start of a sustained recovery. 27th April 2017 · 1 min read
