Asia Economics Update Rate hike would provide only brief respite for rupiah The Indonesian rupiah has continued to slide over the past week and, while we think intervention in the foreign exchange market will remain Bank Indonesia’s primary course of action to prop up the... 18th May 2026 · 4 mins read
Asia Economics Update Thailand: growth beats expectations, but economy set to slow Thailand’s growth accelerated in the first quarter of the year, but the economy faces growing headwinds from the conflict in Iran and the surge in global energy prices. Despite recent government... 18th May 2026 · 3 mins read
Global Economics Update Assessing the effects of an extreme war scenario In this Update, we explore an extreme scenario in which the Iran war escalates beyond the assumptions in our published baseline and adverse scenarios. With Brent crude jumping higher and staying at... 14th May 2026 · 7 mins read
Asia Economics Update Could the Iran crisis pull the plug on Asia’s chipmakers? If disruption to energy imports resulted in power shortages in South Korea or Taiwan, governments in both places would prioritise chipmakers over households so that chip production could continue to... 14th May 2026 · 3 mins read
Asia Economics Update Philippines: stagflation nation The Philippines is going through a period of stagflation, with a combination of slowing (and very weak) GDP growth and high and rising inflation placing the central bank in an unenviable position... 7th May 2026 · 3 mins read
Asia Economics Update Taiwan’s boom becoming less lop-sided Taiwan’s economy has boomed over the past couple of years on the back of strong AI-related exports, whereas household consumption has struggled. But there are signs that the economy is becoming less... 27th April 2026 · 2 mins read
Emerging Markets Economics Update The Iran war and EMs – your questions answered This Update answers the questions on the Iran war and the impact on emerging markets that we have received most frequently from clients in meetings, through our platform and in our online briefings... 23rd April 2026 · 6 mins read
Asia Economics Update Korea: chips and policy support to cushion energy hit Korea’s economy rebounded strongly in the first quarter of the year, on the back of very strong demand for semiconductors. And while strong exports and policy support are likely to support growth this... 23rd April 2026 · 4 mins read
Asia Economics Update Malaysia: Q1 slowdown masks resilience to energy shock GDP growth in Malaysia slowed in the first quarter of the year, but the slowdown cannot be attributed to the conflict in the Middle East. The country is better placed than most in the region to deal... 17th April 2026 · 3 mins read
Asia Economics Update MAS tightens policy as oil price shock lifts inflation outlook Singapore’s central bank today tightened monetary policy and raised its inflation forecast for this year in response to the crisis in the Middle East and the resulting surge in global energy prices... 14th April 2026 · 3 mins read
Asia Economics Update BoK on hold as Middle East risks clouds outlook The Bank of Korea kept its policy rate on hold today at 2.50%, and hinted that it would be in no rush to adjust monetary policy settings anytime soon as it continues to monitor the impact of the... 10th April 2026 · 3 mins read
Global Economics Update The economic consequences of a tax on Hormuz trade A tax on shipping through the Strait of Hormuz would be unlikely to have major near-term implications for global energy markets, trade or wider economic activity. But depending on how it is structured... 9th April 2026 · 4 mins read
Asia Economics Update Rebalancing Vietnam’s economy under new leadership Vietnam’s export-led growth model faces a pivotal political moment, with To Lam confirmed today as the country’s next president. His elevation consolidates the Communist Party’s leadership at a time... 7th April 2026 · 3 mins read
Global Economics Update What are the potential implications of Houthi Attacks? While the direct effect of renewed strikes on shipping in the Red Sea on aggregate world trade is likely to be limited, the impact on Asian economies that rely more heavily on oil imports from Saudi... 31st March 2026 · 4 mins read
Asia Economics Update Are generous cash handouts the answer to low fertility? There is some evidence that generous cash subsidies to new parents have lifted the fertility rate in Korea. But it is not clear whether similar policies would have the same impact in countries where... 31st March 2026 · 6 mins read
Commodities Update Q&A: the oil supply chain from the Middle East This Update considers the broader implications of the Middle East war on the crude oil and petroleum product supply chain from the Middle East onwards. At the very end of the supply chain, Oceania and... 27th March 2026 · 3 mins read
