Asia Economics Update Korea – domestic weakness to offset export strength We expect Korea to record another year of subdued growth in 2026, as relatively strong exports are likely to be offset by soft domestic demand. Trump’s latest threat to impose 25% tariffs poses a... 27th January 2026 · 4 mins read
Capital Daily Plenty to worry markets even if the Fed is uneventful It looks set to be a fairly quiet Fed meeting this week as far as markets are concerned, and perhaps even a quiet year on the policy front despite the background noise. But there are plenty of other... 26th January 2026 · 6 mins read
Asia Economics Weekly Vietnam Congress, Korean equities, Bangladesh election Vietnam’s 14th Party Congress concluded today with the swift reappointment of To Lam to a full five-year term. His continuation in office should support a return to greater political stability and... 23rd January 2026 · 7 mins read
APAC Commercial Property Update Korea logistics will find momentum as supply pressure fades Korea’s logistics looks to be turning a corner, with net absorption comfortably outpacing new supply in 2025 and over the next few years. That will underpin rent growth averaging 2.5% p.a. over the... 21st January 2026 · 3 mins read
Asia Economics Update Hawkish BoK rules out near-term interest rate cuts The Bank of Korea today left interest rates unchanged as expected, but the central bank’s accompanying statement and the commentary from Governor Rhee were much more hawkish than anticipated. This... 15th January 2026 · 3 mins read
APAC Commercial Property Update Weak total returns continue into 2026 amid tight yield spreads Asia-Pacific property markets have performed largely in line with our mid-2025 forecasts, with investment activity recovering only moderately and returns held back by falling capital values. We expect... 7th January 2026 · 3 mins read
Asia Economics Update Asia PMIs, Korea Trade (Dec) & Singapore GDP (Q4) The December Manufacturing PMI readings for most Asian economies remain consistent with generally soft manufacturing activity. However, the PMIs have recently been a poor guide to the hard activity... 2nd January 2026 · 3 mins read
Asia Economics Update Korea’s equity rally: what comes next? Korea’s equity market has delivered an exceptional rally this year, driven by the restoration of political stability, long-overdue corporate governance reforms and strong exposure to the global AI... 22nd December 2025 · 3 mins read
Capital Daily Would an end to the AI boom drag down EM equities? Although emerging market equities are, in some places, very heavily exposed to the AI boom, we think they would in aggregate hold up better than those in the US if that boom continued to unwind. 17th December 2025 · 4 mins read
APAC Commercial Property Outlook Narrow yield spreads to limit size and speed of the recovery Asia-Pacific property faces a slow, uneven recovery as high risk-free rates and weak growth limit investment demand and therefore, prospects for yield-driven capital gains. Spreads over risk-free... 2nd December 2025 · 18 mins read
Asia Economics Update Asia Manufacturing PMIs, Korea Trade (November) The November PMI readings for most countries in Asia remained consistent with soft manufacturing activity. However, the PMIs haven’t been a great guide to the hard activity data for some economies... 1st December 2025 · 3 mins read
Asia Economics Update Korea: central bank to resume easing cycle next year Korea’s central bank today left interest rates unchanged at 2.5%, and the hawkish comments from Governor Rhee at the press conference appear to rule out any chance of a rate cut in the next few months... 27th November 2025 · 3 mins read
Capital Daily Could intervention turn the yen and the won around? We think the Japanese yen and the Korean won will rally against the US dollar next year regardless of any FX intervention, although it would help. 27th November 2025 · 3 mins read
