Asia Economics Update Pakistan; just when you thought the situation could not worsen Political instability, which is never far away in Pakistan, has risen following this week’s assassination of the governor of Punjab province and the withdrawal of another party from the ruling... 5th January 2011 · 1 min read
Asia Economics Update The first Indonesia rate hike looks close Bank Indonesia (BI) left its reference rate unchanged today at 6.5%, as was universally expected. Nevertheless, the reference rate is now negative in real terms while inflation will probably... 5th January 2011 · 1 min read
Asia Economics Update Asia's industrial slowdown past its worst point The manufacturing PMIs for December, released yesterday and today, improved in Taiwan and Korea and stayed above 50 in India and Singapore. Industrial activity across the region should gain traction... 4th January 2011 · 1 min read
Asia Economics Update Expect another year of Singapore dollar gains Singapore data published yesterday and today showed Q4 GDP rebounded in q/q terms, residential property prices climbed too, while the December PMI also suggests that manufacturing will continue to... 4th January 2011 · 1 min read
Asia Economics Weekly Vietnam likely to target stability over growth Data published in Vietnam over the next few days should confirm that the economy expanded at a rapid pace in Q4 but inflation remains far too high. What’s more, recent debt downgrades have highlighted... 27th December 2010 · 1 min read
Asia Economics Update New Zealand's recovery stumbles but should not stop Q3 GDP, published early today, was weak and in line with our below-consensus expectation. Nevertheless, most of the softness was due to temporary factors. The upswing will probably regain traction in... 23rd December 2010 · 1 min read
Global Economics Update What will 2011 hold for emerging markets? We expect growth in emerging economies to stay strong in 2011 and, generally speaking, the major challenge facing policymakers will be to ensure that inflation remains contained and that capital... 22nd December 2010 · 1 min read
Asia Economics Weekly New Zealand's upswing to regain traction soon New Zealand Q3 GDP data, published overnight on Thursday, are expected to be weak. We forecast that GDP actually fell in q/q terms while the consensus anticipates only 0.1% q/q growth, after an... 20th December 2010 · 1 min read
Asia Economics Update India's monetary policy tightening to resume soon India’s Reserve Bank (RBI) kept its repo rate unchanged today at 6.25%, as was widely expected. Nevertheless, the monetary policy tightening is not over. The upswing will stay strong in coming... 16th December 2010 · 1 min read
Asia Economics Update Korea-US trade deal good for both sides The amendments in the Korea-US free trade deal (KORUS) announced earlier this month have caused some protests in Korea, but the risk that the new arrangement is blocked by the National Assembly looks... 16th December 2010 · 1 min read
Asia Economics Update Sri Lanka’s upswing set to stay strong Data released today showed that Sri Lanka’s economy expanded at a slightly slower pace in Q3. Nevertheless, the outlook remains upbeat. The central bank (CBSL) left policy rates unchanged yesterday... 15th December 2010 · 1 min read
Asia Economics Update New Zealand set for a prolonged fiscal tightening The half-yearly Economic and Fiscal Update published overnight in New Zealand makes it clear that the May Budget will be a tough affair even though 2011 will be an election year. It is essential that... 14th December 2010 · 1 min read
Asia Economics Weekly India's Reserve Bank to pause, not stop The Reserve Bank (RBI) will probably keep the repo rate unchanged at 6.25% on Thursday, while the cash reserve ratio will almost certainly be held steady at 6.0% given ongoing tight liquidity... 13th December 2010 · 1 min read
Asia Chart Pack Emerging Asia will target inflation and asset bubbles Economic growth across Emerging Asia has continued to ease. However, this is just a return to what is normal and can be sustained rather than the start of a severe and prolonged downturn. Most of the... 10th December 2010 · 1 min read
Asia Economics Update Further Bank of Korea tightening only a matter of time The Bank of Korea (BoK) held its policy rate at 2.5% today, as expected. Nonetheless, the economy should regain momentum during the course of next year while inflation is likely to trend higher. The... 9th December 2010 · 1 min read
Asia Economics Update New Zealand to keep policy rates unchanged for longer The Reserve Bank of New Zealand (RBNZ) left the cash rate at 3.0% earlier today, as expected. What’s more, the Monetary Policy Statement (MPS) was downbeat, yet again. We have adjusted our forecast... 9th December 2010 · 1 min read
