Global Economics Focus Sovereign Debt: are the emerging markets immune? Emerging markets are not immune from the deepening debt crisis in the developed world, but most are well-placed to deal with the fallout. China faces a difficult structural transition of its own but... 21st October 2011 · 1 min read
Asia Economics Update Indian inflation stays high, despite slower growth Wholesale price inflation data for India, released today, suggest the Reserve Bank of India (RBI) is likely to go ahead and raise its repo rate by a further 25bp, to 8.5%, at its next rate-setting... 15th October 2011 · 1 min read
Asia Economic Outlook Asia set to weaken but still outperform A slowdown in developed economies in 2012-13 is set to pull down growth in emerging Asia to a below-trend pace. However, the region’s healthy fundamentals mean that emerging Asia should once again be... 6th October 2011 · 1 min read
Asia Economics Update Asia manufacturing weakens further September PMIs for Asia released over the past couple of days remained weak. Although Asia is relatively well-placed to withstand weaker global demand, the recent PMIs reinforce our view that Asian... 5th October 2011 · 1 min read
Asia Economics Update Reserve Bank of India near the end of policy tightening The Reserve Bank of India (RBI) raised its repo rate by 25bp to 8.25% today, as anticipated, citing further increases in core inflation. Provided the euro-zone crisis does not escalate dramatically in... 17th September 2011 · 1 min read
Asia Economics Update India’s resilient growth to bring more policy tightening India’s second quarter GDP figures, which showed only a marginal deceleration from the first quarter, should dispel any concerns in the Reserve Bank of India (RBI) that the economy is struggling to... 31st August 2011 · 1 min read
Asia Economics Weekly India's growth to regain traction by year-end India’s Q2 GDP data will be released on Tuesday and are likely to show that growth slowed. We forecast growth of 7.5% y/y in Q2, down from 7.8% in Q1. Monthly output data suggest that the slowdown... 30th August 2011 · 1 min read
Asia Chart Pack Supply-chain disruptions temporarily hit growth Q2 GDP figures reported so far within emerging Asia have tended to be weak, with some analysts suggesting that sluggish growth in the US and euro-zone have stalled growth in Asia. This seems premature... 27th August 2011 · 1 min read
Asia Economics Update Reserve Bank of India's policy tightening set to continue India’s latest wholesale price data show that inflation remains uncomfortably high. Meanwhile, we believe that a hard landing for the economy is unlikely. The upshot is that, in spite of the... 17th August 2011 · 1 min read
Asia Economics Weekly Asia’s rollercoaster ride to continue Share prices in Emerging Asia registered losses as worries over the global outlook intensified. However, equities in Emerging Asia fell by less than in other parts of the world. This makes sense given... 8th August 2011 · 1 min read
Asia Economics Update Emerging Asia PMIs fall sharply Purchasing Manager Indices (PMIs) released over the past two days for India, Taiwan, Australia and Singapore all worsened considerably. Manufacturing across Asia is likely to remain subdued for the... 3rd August 2011 · 1 min read
Asia Economics Update Reserve Bank of India hikes and remains hawkish The Reserve Bank of India (RBI) surprised markets with a 50bp rate hike today, lifting the repo rate to 8.0%. With the accompanying policy statement reinforcing the RBI’s hawkish policy stance, we now... 27th July 2011 · 1 min read
Asia Economics Weekly Interest rates to rise in the Philippines The Philippines’ central bank (BSP) will announce its latest policy decision on Thursday. As with elsewhere in the region, the BSP faces a dilemma as it looks to keep inflationary pressures under... 26th July 2011 · 1 min read
Asia Chart Pack Global risks may delay policy tightening Inflation remains a concern across most of the region. Central banks in Taiwan and Thailand have hiked their policy rates in recent weeks, while the central bank in Malaysia increased its reserve... 22nd July 2011 · 1 min read
Asia Economics Update More policy tightening required in India Today’s price data from India show that both headline and core inflation rose further in June. What’s more, we expect the headline rate to reach double-digit levels in the third quarter. While growth... 15th July 2011 · 1 min read
Asia Economic Outlook End of Asia’s policy tightening in sight Policy rates across Emerging Asia are likely to rise further towards pre-crisis levels in the coming months. However,tightening cycles should end next year with rates below their 2008 peaks. Most... 1st July 2011 · 1 min read
