China Economics Update China’s labour market is not as weak as it looks Headline employment data are giving an overly weak impression of China’s labour market. Our Labour Market Indicator points to still-firm cyclical conditions, while a structural shift in labour demand... 8th September 2026 · 4 mins read
Japan Rapid Response Japan Labour Cash Earnings (July 2026) With wage growth going from strength to strength, the case for the Bank of Japan to hasten the pace of tightening is becoming increasingly compelling. 8th September 2026 · 2 mins read
Capital Daily Respite for bonds may be limited and uneven We expect German bunds to fare well in the medium term, almost regardless of what the ECB says this week. But US Treasuries aren’t likely to get the same relief. 7th September 2026 · 6 mins read
China Economics Weekly US-China AI gap widens again The release of several new US models this week has pushed Chinese AI further away from the frontier. US AI labs appear to be eroding China's cost advantage too. But it is too soon to conclude that... 4th September 2026 · 6 mins read
Asia Economics Weekly Korea: export boom starting to feed stronger investment Monthly data published for Korea this week provide encouraging evidence that the export bonanza is beginning to feed through into stronger investment. 4th September 2026 · 4 mins read
India Economics Weekly GDP data spark controversy but will comfort the RBI India’s stronger-than-expected GDP data for Q2 have sparked a row among politicians over the reliability of the figures. But the numbers as well as broader activity indicators point to resilience -... 4th September 2026 · 3 mins read
Japan Economics Weekly Japanese firms continue to weather energy shock The Japanese economy has continued to shrug off the energy shock. Corporate profit margins rose to a record high in Q2, while industrial production held up well in July as supply shortages eased. That... 4th September 2026 · 5 mins read
Capital Daily What to make of the yen’s latest rebound The yen’s sharp rebound over the past couple of days may not last any longer than similar rallies in recent years. But a more proactive approach, which the Bank of Japan may now (finally) be adopting... 3rd September 2026 · 4 mins read
Asia Rapid Response Malaysia Monetary Policy Meeting (September 2026) 3rd September 2026 · 2 mins read
India Economics Update Services exports to keep current account deficit in check Continued strength in services exports will help to mitigate much of the impact of elevated oil prices and a slowdown in remittance inflows from the Gulf on India’s current account position. We think... 2nd September 2026 · 3 mins read
Asia Economics Update How should Asian central banks respond to the AI boom? Growth in several Asian economies is running well above previous estimates of trend, driven by a surge in demand for semiconductors and other AI-related products. Yet inflationary pressures remain... 2nd September 2026 · 3 mins read
Asia Economics Update Korea’s 2027 Budget: saving the AI windfall, for now Korea’s 2027 budget proposal released today suggests that the government will save more than two-thirds of a tax windfall from the boom in the country’s AI-related exports. That will provide some... 1st September 2026 · 3 mins read
Japan Economics Update New fiscal strategy leaves many questions unanswered The surge in planned spending in the FY2027 budget largely reflects the government’s desire to reduce reliance on supplementary budgets but it’s still unclear how that will affect the overall fiscal... 1st September 2026 · 3 mins read
Japan Economics Update How could Japan respond to soaring bond yields? The recent increase in JGB yields has been driven by global rather than domestic factors and there are no signs that it is creating financial stress. The BoJ will accelerate its tightening cycle to... 1st September 2026 · 4 mins read
China Economics Update Presales overhaul won’t revive the housing market The recent overhaul of China’s housing presales system belatedly addresses some of the vulnerabilities that contributed to the country’s property downturn. But the changes only apply to new projects... 1st September 2026 · 5 mins read
China Rapid Response China PMIs (Aug. 2026) The PMIs suggest growth partially reversed July’s sharp slowdown last month. Construction activity weakened amid continued typhoon disruptions, but manufacturing activity rebounded thanks to strong... 31st August 2026 (Updated 3rd September 2026) · 2 mins read
