Asia Economics Update Markets too aggressive on Korean rate hikes to come The Bank of Korea (BoK) left its policy rate at 2.00% today. We believe the economic upswing is well established and that the political pressures on the BoK to hold rates low will probably ease early... 12th November 2009 · 1 min read
Asia Economics Update Korean economy still strong in early Q4 October data released over the last few days show that Korea’s economy retained much of its momentum going into Q4. Capacity use is back at pre-crisis levels and house prices are still rising. The... 2nd November 2009 · 1 min read
Asia Economics Update Korea’s strong recovery points to November policy rate hike Korea’s Q3 GDP, published overnight, surprised on the upside yet again. The economy is unlikely to grow so strongly in coming quarters but continued recovery is not in doubt. The Bank of Korea’s... 26th October 2009 · 1 min read
Asia Economics Update Korean rates set to stay low The Bank of Korea (BoK) left its policy rate unchanged today, as expected. Mortgage lending curbs are tackling property bubble concerns and core inflation will likely trend lower. Korea’s GDP recovery... 9th October 2009 · 1 min read
China Economics Update PMIs add to impression of Asian strength Asia’s PMI releases today add to the weight of evidence that Asia’s recovery has plenty of positive momentum. 1st October 2009 · 1 min read
Asia Economics Update Korean monetary tightening should be gradual The Bank of Korea (BoK) left its policy rate unchanged today. Property price concerns and improvements in the activity data have increased the chance that the BoK will raise rates sooner rather than... 10th September 2009 · 1 min read
Asia Economics Update PMIs point to continued momentum in emerging Asia The short histories and sketchy track records of PMIs in emerging Asia limit their usefulness as leading indicators. Nonetheless, they are increasingly closely-watched. Read alongside other recent... 1st September 2009 · 1 min read
China Economics Update PMIs point to continued momentum in emerging Asia 1st September 2009 · 1 min read
Asia Economics Update Korean policy rates set to stay low The Bank of Korea left its policy rate unchanged today. Economic recovery and concerns over incipient asset bubbles in the housing and equity markets have led some to expect policy rates to rise later... 11th August 2009 · 1 min read
Asia Economics Update Bank of Korea unlikely to raise rates soon The Bank of Korea (BoK) left its policy rate unchanged today amid signs that the domestic economy is recovering. Some commentators are expecting rate hikes soon, but we believe the significant... 9th July 2009 · 1 min read
Asia Economics Focus Korean recovery to follow the West, not Asia While Korea is in much better shape to weather the 2008-09 global crisis than was the case during the Asian Financial Crisis of 1997-98, weak external demand and high domestic household indebtedness... 2nd July 2009 · 1 min read
Asia Economics Update BoK holds, but rate cuts still more likely than hikes The Bank of Korea (BoK) left its key interest rate unchanged today, noting that “proactive fiscal and monetary policy” measures have stabilised GDP. But despite signs of recovery, there are still... 11th June 2009 · 1 min read
Asia Economics Update More signs that Asia's recovery is taking its time The slight fall in China’s official PMI in May is actually fairly encouraging since the index usually falls by much more at this time of year. But Asia’s recovery is only gaining ground slowly, as... 1st June 2009 · 1 min read
China Economics Update More signs that Asia’s recovery is taking its time The slight fall in China’s official PMI in May is actually fairly encouraging since the index usually falls by much more at this time of year. But Asia’s recovery is only gaining ground slowly, as... 1st June 2009 · 1 min read
Asia Economics Update BoK holds for now, but rates have yet to bottom out The Bank of Korea (BoK) left its policy rate unchanged today, with the focus shifting to big fiscal stimulus plans and direct support for the financial sector instead. The Bank will also have been... 12th May 2009 · 1 min read
China Economics Update Asian recovery still needs deeper roots There was much to cheer in China’s latest PMI and April’s export data from Korea. But they are consistent with stabilisation rather than either economy springing rapidly back to life. 1st May 2009 · 1 min read
