Asia Economics Weekly Asia Weekly: Exports to US surge, dovish BSP Exports from Vietnam and Taiwan to the US have surged in recent months as US buyers have front-loaded orders ahead of the introduction of tariffs. The strength in exports is likely to continue in the... 9th May 2025 · 6 mins read
Emerging Markets Economics Update EM trade is performing well, but surveys look worrying The trade data available for March and April suggest that a large number of EMs have benefitted from a front-running of tariffs in recent months, particularly those across Asia (Taiwan, Vietnam and... 8th May 2025 · 4 mins read
Capital Daily What to make of the drama in Asian FX We see a few reasons to be sceptical about the chances of a broad-based upwards revaluation of Asian currencies, despite recent moves. 6th May 2025 · 4 mins read
Asia Economics Update Asia April Manufacturing PMIs The April PMIs for Asia fell sharply, providing the first sign that Trump tariffs are weighing on sentiment in the region. With concerns about growth mounting and inflation worries continuing to ease... 2nd May 2025 · 2 mins read
Asia Economics Focus Will Asia benefit from China's plunging US exports? Parts of South East Asia, notably Vietnam, as well as India are well placed to immediately gain market share in response to penal US tariffs on Chinese imports. But uncertainty over the future tariff... 29th April 2025 · 14 mins read
Asia Economics Weekly Asia Weekly: Korea construction slump, BI on hold Korea’s economy remains in the doldrums, with figures published earlier this week showing the economy contracted by 0.2% in the first quarter. Investment was particularly weak, dragged down by a sharp... 25th April 2025 · 8 mins read
Asia Economics Update First thoughts on the impact of US tariffs on Asia Asian economies will be hit harder than most by US reciprocal tariffs. We were already expecting more rate cuts than the consensus in most countries in the region, but there’s now a risk that central... 3rd April 2025 · 3 mins read
Asia Economics Update Asia March PMIs, Korea Trade The March PMIs for Asia were generally subdued, supporting our view that GDP growth in the region is set to remain below trend in the near term. And with inflation back to target in most economies, we... 1st April 2025 · 2 mins read
Asia Economic Outlook Asia Outlook: Rate cuts and trade uncertainty We expect economic growth across the region to remain subdued, with most economies set to record below-trend and below-consensus growth this year. While lower interest rates will provide some support... 25th March 2025 · 28 mins read
Asia Economics Weekly From tariffs to troops: what Trump means for Taiwan The focus of Trump’s tariff measures may soon extend beyond China, Mexico, and Canada, with Taiwan emerging as a likely target due to its large trade surplus with the US. While potential reciprocal... 7th March 2025 · 6 mins read
Asia Economics Update Asia January PMIs, Korea Trade The January PMIs for Asia were generally weak, supporting our view that manufacturing activity and GDP growth in the region are likely to remain below trend in the near term. And with inflation back... 3rd February 2025 · 3 mins read
Asia Rapid Response Taiwan GDP (Q4 first estimate) Taiwan’s economy picked up in Q4, and we expect GDP growth to remain robust over the coming quarters, helped by continued strong growth in information and communication technology exports. 24th January 2025 · 2 mins read
Asia Rapid Response Taiwan Monetary Policy Announcement (December 2024) Taiwan’s central bank (CBC) left its main policy rate unchanged today (at 2.0%) and with risks to the inflation outlook skewed firmly to the upside we expect rates to remain on hold throughout 2025... 19th December 2024 · 2 mins read
Asia Economic Outlook Asia Outlook: More rate cuts coming We expect another year of below-trend and below-consensus GDP growth in most of Asia in 2025, as tight fiscal policy and weak exports weigh on output. In China, a slowdown in construction will act as... 13th December 2024 · 28 mins read
