China Economics Weekly China’s long chase after the US AI Goliath China’s AI computing capacity is expanding rapidly, but the gap with the US remains substantial and could widen further. Chinese AI models are likely to remain competitive. But limited access to... 23rd October 2026 · 4 mins read
Japan Economics Weekly RENGO pushing for another large Shunto pay hike With the energy cost shock barely making a dent in Japan's trade balance and corporate profits going from strength to strength, trade unions are demanding another strong pay hike in next year's spring... 23rd October 2026 · 4 mins read
Bank of Japan Watch Risks to our interest rate forecasts shifting to the upside The Bank of Japan will leave policy settings unchanged at its upcoming meeting but will signal continued concerns about upside risks to inflation. With little evidence that the tightening delivered so... 23rd October 2026 · 8 mins read
Japan Rapid Response Japan Consumer Prices (Sep. 2026) With underlying inflation back above the Bank of Japan’s 2% target, the case for further tightening remains on solid ground. 23rd October 2026 · 2 mins read
Asia Rapid Response Korea Policy Rate (October 2026) The Bank of Korea (BoK) left its policy rate unchanged at 3.00% at today’s meeting, but we doubt this marks the end of the tightening cycle, and have pencilled in one hike for the BoK’s final meeting... 22nd October 2026 · 2 mins read
India Chart Pack India Chart Pack (Oct. 2026) After a very strong run, India’s economy is set to cool but annual GDP growth is still on course to average an impressive 7% from 2026-2028. Rising food prices on account of a weak monsoon will push... 22nd October 2026 · 1 min read
Asia Rapid Response Philippines Interest Rate Announcement (Oct. 2026) 22nd October 2026 · 2 mins read
Asia Economics Update Bank of Korea to hike rates once more this cycle The Bank of Korea (BoK) kept its policy rate unchanged at 3.00% today. But the tone of its statement and the decision to raise its growth forecasts for this year and next suggest that the tightening... 22nd October 2026 · 3 mins read
Asia Economics Update Thailand’s car sector faces up to China Shock 2.0 Thailand has long been South East Asia’s leading automotive production hub, built around Japanese manufacturers and a deep network of local suppliers. But the shift towards EVs is reshaping its... 21st October 2026 · 3 mins read
Asia Rapid Response Indonesia Interest Rate Announcement (Oct. 2026) The policy moves by Bank Indonesia today suggest that officials are struggling to work out whether to prioritise supporting the rupiah or boost growth. These mixed messages risk undermining the... 21st October 2026 · 3 mins read
China Economics Update GDP pick-up belies weaker domestic demand Official GDP growth picked up in Q3, but the improvement masks a further weakening in domestic demand. The detailed breakdown suggests that last quarter’s rebound was driven entirely by net exports... 21st October 2026 · 4 mins read
Asia Economics Update Bank of Korea should look through the rise in core inflation The recent pick-up in core inflation in Korea is less concerning than may first appear. A large chunk of it can be attributed to the indirect impact of the energy shock and to the global AI boom... 20th October 2026 · 4 mins read
Emerging Markets Economics Update How will higher bond yields shape EM fiscal risks? EM public finances have become more vulnerable to higher interest rates in recent years. Some major EMs with underlying fiscal vulnerabilities – including Brazil, South Africa and Hungary – have... 19th October 2026 · 4 mins read
Asia Economics Update Bank Indonesia to hike on Wednesday to support rupiah The further sell-off today in Indonesia’s financial markets following MSCI’s latest threat to downgrade the country’s stock market means that a 25bp interest rate hike, to 6.00%, at Bank Indonesia’s... 19th October 2026 · 3 mins read
China Rapid Response China GDP (Q3) & Activity (Sep. 2026) The improvement in official GDP growth last quarter is at odds with the slowdown shown by our China Activity Proxy (CAP). But the September data do suggest that the economy regained momentum at the... 19th October 2026 · 3 mins read
China Economics Weekly Bond market déjà vu for the PBOC The PBOC again faces the question of whether to intervene as China’s 10-year government bond yield approaches its historic low, a situation that prompted the central bank to suspend bond purchases in... 16th October 2026 · 6 mins read
