Asia Economics Update Problems mount for Pakistan as Khan heads off to China Inflation can now be added to the list of problems facing Pakistan after figures published today showed headline inflation rose to a four-year high last month. Meanwhile, the chances of an improvement... 2nd November 2018 · 1 min read
Asia Economics Weekly TPP boost to Asia, rate hikes unlikely in Korea The announcement that the Trans-Pacific Partnership will come into force on 30th December is important in a number of ways. Not only should it provide a boost to growth prospects across parts of Asia... 2nd November 2018 · 1 min read
Asia Data Response Manufacturing PMIs (Oct.) The October PMIs for Emerging Asia indicate that the region’s manufacturing sectors lost further momentum at the start of Q4. Meanwhile, the weakness in new export orders supports our view that the... 1st November 2018 · 1 min read
Asia Economics Weekly Pakistan and IMF start talks, equities set for further falls The head of the IMF, Christine Legarde this week set the tone for what are likely to be tough negotiations with Pakistan when she said the Fund would require Pakistan to be “absolutely transparent”... 12th October 2018 · 1 min read
Asia Economics Update How would a deal with the IMF help Pakistan As the price for a deal with Pakistan, the IMF is likely to demand a further sharp tightening in fiscal and monetary policy as well as structural reforms aimed at raising more revenue and improving... 9th October 2018 · 1 min read
Asia Economics Update What does the recent jump in oil prices mean for Asia? The biggest impact of a period of sustained higher oil prices would be in India and the Philippines, whose current account deficits would be pushed even more into the red, putting further downward... 4th October 2018 · 1 min read
Asia Economics Update Pakistan hikes rates, tightening cycle not over yet The State Bank of Pakistan (SBP) hiked interest rates by a further 100bp on Saturday and made clear in its policy statement that tackling the country’s mounting external imbalances remain its priority... 1st October 2018 · 1 min read
Asia Data Response Manufacturing PMIs (Aug.) The August PMIs for Emerging Asia suggest that the region’s manufacturing sectors remained lacklustre. Meanwhile, Korean export data suggest export growth in the rest of the region stayed robust last... 3rd September 2018 · 1 min read
Frontier Markets Wrap Frontier recovery remains on track Frontier financial markets have endured a torrid 2018, but this hasn’t been accompanied by a deterioration in the hard activity data. Admittedly, growth in the largest frontier economy, Nigeria... 29th August 2018 · 1 min read
Asia Data Response Manufacturing PMIs (Jul.) Most of Emerging Asia’s PMIs fell in July. However, there were no clear signs in the PMI surveys that suggest the first tranche of US tariffs on Chinese goods that came into effect in early July have... 1st August 2018 · 1 min read
Asia Economics Update What next for Pakistan after the election? Imran Khan looks set to be confirmed as Pakistan’s next prime minister just as the economy teeters on the brink of a full-blown economic crisis. His plans to boost social spending will have to be... 26th July 2018 · 1 min read
Asia Economics Focus Pakistan: Major challenges await new government Whichever party wins Pakistan’s upcoming general election will take over an economy on the brink of a balance of payments crisis. Growth is likely to slow sharply regardless of who wins Wednesday’s... 20th July 2018 · 1 min read
Asia Economics Update Pakistan hikes rates aggressively, more action to come The State Bank of Pakistan’s (SBP) 100bp hike to its policy rate on Saturday, along with today’s devaluation of the rupee, underlines growing concerns about the country’s precarious external position... 16th July 2018 · 1 min read
Asia Data Response Manufacturing PMIs (Jun.) The June PMIs for Emerging Asia indicate that the region’s manufacturing sectors remained in decent health. Meanwhile, Korean export data suggest export growth in the rest of the region likely ended... 2nd July 2018 · 1 min read
Asia Economics Update Pakistan: Latest currency devaluation a stopgap The latest devaluation in the Pakistani rupee has once again put the spotlight on the country’s precarious external position. The government will hope to keep the situation under control until next... 11th June 2018 · 1 min read
Asia Data Response Manufacturing PMIs (May) Most of Emerging Asia’s PMIs picked up in May. However, the manufacturing sector in Taiwan, one of the economies where the PMIs most closely track the hard data, appears to be losing momentum. 1st June 2018 · 1 min read
