Asia Data Response Korea and Taiwan Manufacturing PMIs (Sep.) PMI readings for Korea and Taiwan suggest industry in both countries picked up momentum last month, and we expect output to continue growing in the months ahead on the back of strong exports. 5th October 2020 · 2 mins read
Asia Data Response Korea Trade (Sep.) Korean export values held steady in September at a touch below pre-crisis levels, and we expect gradual improvements in the months ahead. 1st October 2020 · 2 mins read
Asia Data Response Korea Trade (1st – 20th Sep.) Exports rebounded to pre-crisis levels for the first time in the first 20 days of September and, while we don’t necessarily think export values will keep going from strength to strength, today’s data... 21st September 2020 · 2 mins read
Asia Data Response Korea Trade (1st – 10th Sep.) Korean exports rose in levels terms in the first 10 days of September and, with trading-partner economies still getting back on their feet, we expect further gradual improvements in external demand. 11th September 2020 · 2 mins read
Asia Data Response Korea Trade (Aug.) Korean export values rose again in August and we expect a continued recovery in external demand to drive further small improvements in the months ahead. 1st September 2020 · 2 mins read
Asia Economics Update Second wave impacts to differ in Korea and Japan Both Korea and Japan are experiencing second waves, but a stronger shift in consumer behaviour in Korea means the outbreak there is likely to have a larger impact on growth. As such, we’ve revised... 27th August 2020 · 3 mins read
Asia Economics Update Bank of Korea indicates more loosening to come The Bank of Korea (BoK) left its policy rate on hold at 0.50% today but gave hints at the press conference that fresh rate cuts were on the table. We have pencilled in a cut in Q3 as a result and are... 27th August 2020 · 3 mins read
Asia Chart Pack Second wave unlikely to completely derail recoveries Having been among the fastest in the world at controlling the initial outbreak, Hong Kong, Vietnam and Korea are all at different stages of a second wave of infections. With new infections in Hong... 26th August 2020 · 14 mins read
Asia Data Response Korea Trade (1st – 20th Aug.) While exports dropped back a little in the first 20 days of August, we suspect this was mainly due to the impact of widespread flooding at the start of the month. Looking at the data more recently... 21st August 2020 · 2 mins read
Asia Data Response Korea Trade (1st – 10th Aug.) The unexpected slump in Korean exports in the first 10 days of August could just be volatility in the data, but a reversal in the performance of exports to the US suggests the fall at least partially... 11th August 2020 · 2 mins read
Asia Data Response Manufacturing PMIs and Korea Trade (Jul.) PMIs for Emerging Asia and Korean trade data suggest that the recovery in economic activity across the region is picking up some momentum. That said, the data do not point to the kind of strong... 3rd August 2020 · 3 mins read
Asia Economics Update Will Asia benefit from China’s strong rebound? China’s rapid economic recovery from the Global Financial Crisis did not play as big a role as is commonly assumed in supporting growth in the rest of Asia. We doubt a strong rebound in China from the... 24th July 2020 · 4 mins read
Asia Data Response Korea GDP (Q2, Provisional) Korean GDP shrank sharply in Q2 on the back of the largest drop in exports since 1963, but output probably bottomed out in the middle of the quarter. The recovery, which is already underway, is set to... 23rd July 2020 · 3 mins read
Asia Data Response Korea Trade (1st – 20th July) Korean trade data for the first 20 days of July suggest that the recovery in exports has continued this month. But the initial rebound has still been weak and the recovery in external demand in the... 21st July 2020 · 2 mins read
Asia Economics Update Bank of Korea stands pat, but more action still likely The Bank of Korea (BoK) left its policy rate on hold at 0.50% today and while it did not unveil any further unconventional policy measures, the Bank gave hints it could employ them in future. With... 16th July 2020 · 3 mins read
Asia Data Response Korea Trade (1st – 10th Jul.) Korean trade data for the first ten days of this month suggest that the recovery in external demand gained a little momentum at the start of July. This should carry on over the coming months, albeit... 13th July 2020 · 2 mins read
