China Economics Update PBOC’s policy shift doesn’t signal monetary easing The PBOC’s shift to an overnight policy rate target will give the central bank better control over short-term funding costs and marks another step towards a more conventional operating framework. But... 30th October 2026 · 3 mins read
Asia Chart Pack Asia Chart Pack (October 2026) Most economies in Asia are on course to record solid growth over the next few quarters, as strong demand for AI-related products helps offset the drag from high energy prices. Many central banks have... 30th October 2026 · 0 mins read
Asia Economics Weekly Why is Korea lagging behind Taiwan? Korea and Taiwan both recorded strong export-led growth in the third quarter, but Taiwan significantly outperformed, with GDP expanding by 14.4% y/y against 3.4% in Korea. This largely reflects Taiwan... 30th October 2026 · 6 mins read
India Economics Weekly Jio’s blockbuster IPO highlights India’s digital boom Jio Platform’s stunning IPO this week serves as a reminder of how rapidly India’s digital economy has expanded over the past decade. Affordable mobile internet has brought hundreds of millions of... 30th October 2026 · 3 mins read
Japan Economics Update BoJ will resume tightening cycle in December The Bank of Japan delivered no surprises when it kept its policy rate unchanged today and declared victory in its quest to lift inflation towards its 2% target. We expect the next rate hike to come in... 30th October 2026 · 3 mins read
China Economics Weekly A worrying shift in corporate loan demand On the surface, bank loans to corporates are still growing at a healthy clip, with weaker lending for property development and infrastructure largely offset by stronger lending elsewhere. But a... 30th October 2026 · 6 mins read
Japan Economics Weekly Decline in public debt to GDP ratio has further to run Japan’s ratio of gross government debt to GDP fell has fallen 200% for the first time since 2017 as the return of inflation has resulted in a strong improvement in the budget balance and boosted... 30th October 2026 · 4 mins read
Japan Rapid Response Bank of Japan Meeting (October 26) The Bank of Japan delivered no surprises when it kept its policy rate unchanged today and declared victory in the fight against deflation. We expect the next rate to come in December, with rates... 30th October 2026 · 2 mins read
Japan Rapid Response Japan Activity & Labour Market (Sep. 26), Tokyo CPI (Oct. 26) The end-month data rush shows that economic activity is holding up, the labour market remains very tight and inflation continues to strengthen. Accordingly, we’re sticking to our forecast that the... 30th October 2026 · 2 mins read
Emerging Markets Financial Risk Monitor EM Financial Risk Monitor (Oct. 2026) Our proprietary financial risk indicators show that most countries remain well placed to withstand recent shocks, including rising energy prices and higher global bond yields. Our aggregate EM... 29th October 2026 · 8 mins read
Asia Economics Update Is Bank Indonesia the new CBRT? Bank Indonesia’s apparent struggle to trade off the need to shore up the rupiah and support the economy (perhaps under political pressure) bears some similarities with Turkey’s experience over much of... 29th October 2026 · 3 mins read
China Chart Pack China Chart Pack (Oct. 2026) Our China Activity Proxy suggests that growth weakened further in Q3, in contrast to official figures which showed growth picking up. Exports continued to outperform on the back of strong AI and green... 29th October 2026 · 1 min read
Asia Economics Update AI boom insulating Asia from the energy shock, for now Asia has proved surprisingly resilient to the energy price shock triggered by the war in Iran. Subsidies and price controls have shielded consumers from much of the increase in global energy prices... 29th October 2026 · 3 mins read
China Activity Monitor CAP: Growth starting to recover Our China Activity Proxy suggests that growth picked up in September as the drag from summer typhoons eased. But growth remains weak by recent standards and increasingly reliant on external demand... 28th October 2026 · 2 mins read
India Economics Update RBI’s FX war chest is smaller than it looks The RBI’s FX reserves look plentiful but the headline figure overstates the central bank’s firepower, owing to a swollen forward book and sizeable holdings of gold. A renewed, sustained bout of rupee... 28th October 2026 · 3 mins read
