Asia Chart Pack Global risks may delay policy tightening Inflation remains a concern across most of the region. Central banks in Taiwan and Thailand have hiked their policy rates in recent weeks, while the central bank in Malaysia increased its reserve... 22nd July 2011 · 1 min read
Asia Economics Update Korea’s policy rate has further to rise The Bank of Korea (BoK) held its base rate at 3.25% today, as expected. Nonetheless, the policy rate is still below pre-crisis levels, while core inflation has further to climb. The upshot is that the... 15th July 2011 · 1 min read
Asia Economic Outlook End of Asia’s policy tightening in sight Policy rates across Emerging Asia are likely to rise further towards pre-crisis levels in the coming months. However,tightening cycles should end next year with rates below their 2008 peaks. Most... 1st July 2011 · 1 min read
Asia Economics Weekly End of Korea's tightening cycle in sight The Bank of Korea's decision to raise its policy rate by 25bp to 3.25% on Friday surprised the consensus which had expected no change but was in line with our view. We expect another hike in Q3 and... 14th June 2011 · 1 min read
Asia Economics Update Korea's central bank has more work to do The Bank of Korea (BoK) unexpectedly held its policy rate at 3.0% today. Nonetheless, GDP growth has picked up to an above-trend pace, while core inflation looks set to climb further. We still believe... 13th May 2011 · 1 min read
Asia Economics Weekly Bank of Korea set to tighten again We expect Korea’s central bank to raise its base rate by 25bp to 3.25% on Friday. This is also the consensus view. GDP growth was strong at the start of the year while core inflation, which excludes... 9th May 2011 · 1 min read
Asia Economics Update Korea's resilient growth warrants further policy tightening Korea's economy grew at a faster pace in Q1, broadly in line with expectations. Despite greater uncertainty about global demand, we think policy-makers are right to worry more about inflation than... 27th April 2011 · 1 min read
Asia Economics Update Korea’s monetary policy tightening has further to go The Bank of Korea (BoK) kept its base rate at 3.0% today, as expected. The strengthening won is doing some of the heavy-lifting in terms of policy tightening, but the central bank will not want to... 12th April 2011 · 1 min read
Asia Economics Update Asia's manufacturing growth slow Manufacturing PMIs for March, released overnight and today, remained buoyant for India, but declined in Korea, Taiwan and dropped even more sharply in Australia. New export orders accelerated for both... 1st April 2011 · 1 min read
Asia Economics Update Korea’s central bank has more work to do The Bank of Korea (BoK) lifted its policy rate by 25bp to 3.0% today, as was universally anticipated. Policymakers are rightly focused on tackling local price pressures, which are not solely due to... 10th March 2011 · 1 min read
Asia Economic Outlook Set for above-trend growth GDP growth across Emerging Asia has slowed, but is likely to pick up again soon. Domestic demand, trade between the emerging markets, as well as policy flexibility, will cushion the downside... 22nd February 2011 · 1 min read
Asia Economics Update Korea's central bank bides its time The Bank of Korea (BoK) unexpectedly held its policy rate at 2.75% today. Nonetheless, core inflation has surged and looks set to climb further while GDP growth should pick up too. The upshot is that... 11th February 2011 · 1 min read
Asia Economics Weekly Bank of Korea set to tighten again We expect Korea’s central bank to hike the base rate by 25bp for the second meeting in a row on Friday, which would take the policy rate to 3.0%. This is also the consensus view. Core inflation, which... 7th February 2011 · 1 min read
Asia Economics Update Korea's slowdown has probably bottomed out Today’s Q4 GDP data for Korea show that growth eased in q/q terms, as expected. The economy is likely to regain traction during the course of this year, while policymakers have rightly become more... 26th January 2011 · 1 min read
Asia Economics Update The Bank of Korea still has more work to do The Bank of Korea (BoK) lifted its policy rate by 25bp to 2.75% today, which was in line with our forecast but surprised the consensus. Policymakers have rightly become more focused on inflation and... 13th January 2011 · 1 min read
Asia Economics Weekly Bank of Korea set to hike policy rates again We expect Korea’s central bank to lift its policy rate by 25bp to 2.75% on Thursday. This is in contrast to the consensus view which forecasts no change. The worst of the slowdown looks to have come... 10th January 2011 · 1 min read
