Biden’s Asian summit partners hit by U.S. rate hikes, Chinese downturn “The global economy itself is heading into pretty troubled waters,” said Neil Shearing, chief economist for Capital Economics in London. “I still think ASEAN will be a relative bright spot. But if the... 11th November 2022 · Washington Post
Asia Economics Weekly Tougher times ahead for Taiwan, COP27 Surging demand for electronics products helped Taiwan’s economy sail through the pandemic. But with this tailwind now turning into a headwind, growth looks set to slow sharply. 11th November 2022 · 6 mins read
Asia Data Response Malaysia GDP (Q3) Malaysia’s economy slowed in Q3, and we think growth will struggle over the coming quarters as lower commodity prices, weaker global demand and tighter monetary policy drag on prospects. 11th November 2022 · 2 mins read
Asia Data Response Philippines GDP (Q3) The Philippines economy rebounded in the third quarter of the year, but we expect growth to slow over the coming months as high inflation, rising interest rates and weaker global demand weigh on... 10th November 2022 · 2 mins read
Capital Daily We think optimism around China’s COVID policy is misplaced The recent rally in assets and currencies linked to the prospects of China’s economy on hopes that the authorities in China will relax their “zero-COVID” policy is unlikely to last. 7th November 2022 · 5 mins read
Asia Data Response Indonesia (Q3 GDP) Economic growth in Indonesia accelerated in the third quarter, but this is likely to be as good as it gets. We expect lower commodity prices, tighter monetary policy and elevated inflation to drag on... 7th November 2022 · 2 mins read
Asia Economics Weekly Problems for Korean corporates piling up Yields on commercial paper in Korea have continued to rise over the past week despite aggressive intervention by the authorities as they struggle to calm the markets. But even if the situation... 4th November 2022 · 8 mins read
Asia Economics Update Bank Negara Malaysia closing in on the finish line Malaysia’s central bank (BNM) raised its main policy rate by 25bp (to 2.75%) today, but with inflation falling and growth set to slow, we think the tightening cycle is nearing an end. 3rd November 2022 · 3 mins read
Asia Chart Pack Policymakers increase currency support Central banks across the region have been stepping up the pace of intervention in foreign exchange markets to support their currencies, resulting in a drop in FX reserves. In most countries, reserves... 31st October 2022 · 15 mins read
Asia Economics Weekly Three key calls, Vietnam playing catch up We published our latest Emerging Asia Economic Outlook earlier this week, containing new forecasts for GDP, inflation and monetary policy. In this Weekly, we outline three key non-consensus calls from... 28th October 2022 · 7 mins read
Asia Data Response Taiwan GDP (Q3) Taiwan’s economy returned to growth in Q3, after the Omicron-induced slump in the second quarter, but we expect growth to weaken considerably over the coming quarters as exports struggle and the... 28th October 2022 · 2 mins read
