Asia Economics Update Korea: On hold, but further easing coming The Bank of Korea left interest rates unchanged today at 2.50% but made clear hints in its statement and press conference that this does not mark the end of the easing cycle. With growth set to... 28th August 2025 · 3 mins read
Asia Economics Weekly Asia Weekly: A close call in Korea, BI’s surprise cut While most analysts expect the Bank of Korea to keep rates unchanged at Thursday’s meeting, we are forecasting a cut. Although GDP growth rebounded last quarter, the poor prospects for construction... 22nd August 2025 · 6 mins read
Asia Economics Update More to strong Asian exports than tariff front-running Strong growth in exports from Asia in the first half of the year has fuelled talk that, with US tariffs now in place, shipments will fall sharply as tariff front-running ends. But we’re not convinced... 19th August 2025 · 6 mins read
Asia Economics Update Property downturn to weigh on Korea’s economy Weak investment will remain a drag on Korea’s economy over the coming quarters, as a prolonged downturn in the property sector continues to weigh on construction. 18th August 2025 · 2 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (Aug. 2025) Our View: The Q2 GDP figures out so far point to robust growth across much of the emerging world, but we think growth will soften over the second half of the year. While growth across much of Asia... 14th August 2025 · 1 min read
Asia Economics Update Korea: consumer spending on the mend Consumer spending in Korea rebounded last quarter and should remain strong over the coming year as government stimulus, rate cuts, and rising wages support demand. But the ongoing downturn in the... 5th August 2025 · 2 mins read
Asia Economics Weekly Asia Weekly: Trump's tariffs and what they mean for Asia Most countries in Asia will face tariffs of 15–25% on their exports to the US. While the tariffs are higher than we initially assumed, the impact on most countries will be manageable since they won’t... 1st August 2025 · 7 mins read
Global Economics Update New US tariff regime still not the end of the story President Trump’s latest flurry of tariffs implies that the US effective tariff rate will rise to about 18%, from 2.3% last year. That is a little higher than we assumed and so presents modest... 1st August 2025 · 5 mins read
Asia Economics Update Asia Manufacturing PMIs (July) The July PMI readings for most countries in Asia were subdued and we continue to expect activity in Asia’s export-oriented manufacturing sectors to struggle in the coming months. And with inflation... 1st August 2025 · 2 mins read
Asia Economics Update Korea: on hold, but more easing to come The Bank of Korea left interest rates unchanged at its meeting today (at 2.50%), but gave strong hints that the easing cycle still had further to run. With growth set to struggle and inflation... 10th July 2025 · 3 mins read
US Rapid Response Trump threatens to resurrect 25% tariffs on Japan and South Korea President Donald Trump has released the first of his “letters” threatening to impose country-specific tariffs of 25% on both Japan and South Korea from August 1 st, if those countries can’t reach a... 7th July 2025 · 2 mins read
Asia Economics Update Demographic decline: what Taiwan can learn from Korea Taiwan and Korea face some of the world’s worst demographic headwinds with working-age populations set to shrink by 1% a year over the next decade. Efforts to boost fertility have largely failed, and... 7th July 2025 · 3 mins read
