Asia Economics Weekly Asian currencies undervalued, but still set to weaken Most currencies in Asia look undervalued. However, it would be wrong to conclude that Asia’s currencies are set for rapid appreciation. In 2013, we think an escalation in the euro-zone crisis will... 3rd December 2012 · 1 min read
Asia Economics Update Manufacturing still stuck in the doldrums Today’s PMI data for Asia showed some small signs of improvement but overall conditions within the region’s manufacturing sectors are still very weak. The likelihood that global demand will remain... 1st November 2012 · 1 min read
Asia Chart Pack Central banks step up policy loosening Over the past month, central banks in South Korea, Thailand, Australia and Pakistan have all cut their policy rates. The moves come in response to continued weakness in exports, which has caused GDP... 19th October 2012 · 1 min read
Asia Economics Update More policy stimulus on the way in Korea The Bank of Korea (BoK) cut its policy rate by 25bp to 2.75% today, as expected. Growth has slowed sharply and is unlikely to rebound strongly anytime soon. With inflation set to remain low, there is... 11th October 2012 · 1 min read
Asia Economic Outlook Bumpy road ahead Although Asia will not be immune from the continuing crisis in the euro-zone and weak global demand, healthy fundamentals and plenty of scope for policy easing mean growth should hold up relatively... 10th October 2012 · 1 min read
Asia Economics Update Bank of Korea likely to cut again The Bank of Korea (BoK) unexpectedly held its policy rate at 3% today. Nevertheless, we still believe that global growth will continue to disappoint and that more policy stimulus will be needed to... 13th September 2012 · 1 min read
Asia Economics Update Is inflation about to reach a turning point? Headline inflation rates across emerging Asia, which had been trending lower this year, look set to pick up in coming months. Nonetheless, inflation in the region is unlikely to rise sharply and... 11th September 2012 · 1 min read
Asia Economics Weekly Asia's consumers far from immune to global problems We expect global demand to stay weak in coming quarters and for labour markets and consumer confidence in Asia to soften as a result. Central banks in the region are likely to ease further, which... 31st August 2012 · 1 min read
Asia Economics Update Bank of Korea not done cutting rates The Bank of Korea (BoK) held its policy rate at 3.0% today. Nonetheless, we believe that global growth will continue to disappoint and that more policy stimulus will be needed soon to support Korea’s... 9th August 2012 · 1 min read
Asia Economics Update Korea’s weak growth to prompt more policy loosening Today’s GDP data from Korea show that the economy grew at a sub-trend pace in the second quarter. Given that tackling inflation is no longer policymakers’ top priority, more stimulus measures are... 26th July 2012 · 1 min read
Asia Economic Outlook Weak global demand to hamper growth Compared with other emerging regions, Asia is relatively well placed to withstand sluggish global growth. For one thing, policymakers have the ability and willingness to significantly loosen monetary... 26th July 2012 · 1 min read
Asia Economics Update Bank of Korea cuts rates, further cuts likely soon The Bank of Korea (BoK) cut its policy rate to 3% today. It was a surprise that the move came at this meeting, but we have long held the view that rates would need to be cut this year to support the... 12th July 2012 · 1 min read
Asia Economics Weekly The Philippines – on course for investment grade status The Philippines looks increasingly likely to be awarded investment grade status sometime in the next couple of years. A major improvement in the country’s fiscal position and much better macro... 9th July 2012 · 1 min read
Asia Economics Update Latest PMIs suggest Asian manufacturers are struggling The June PMIs for Asia were disappointing. With global growth set to remain weak and the situation in the euro-zone likely to worsen, we expect conditions in Asia’s manufacturing sector to remain... 2nd July 2012 · 1 min read
Asia Economics Update Are lower oil prices a blessing for Asia? The recent collapse in oil prices will help most Asian economies, with oil-intensive Thailand and India benefiting the most. The trouble though is that oil prices are falling because the global... 27th June 2012 · 1 min read
Asia Chart Pack Falling oil prices provide more scope to loosen policy Exports from Asia have been weak so far in Q2 but domestic demand has held up reasonably well. Nonetheless, we doubt that growth in Asia’s trade-dependent economies would remain so resilient if global... 26th June 2012 · 1 min read
