Economy

BMI View: In line with our expectations, the Bank of Korea (BoK) kicked off Q310 with a 25bps interest rate hike. With Q210 real GDP coming in at an impressive 1.5% q-o-q, we see... 2010-07-27

South Korea's Q210 real GDP growth figure beat expectations, coming in at 5.9% on seasonally-adjusted annualised basis. Despite the strong outturn, we expect the pace of growth to... 2010-07-26

Inflation showed further signs of bottoming in June 2010, coming in at 4.4% y-o-y following a 4.3% reading in May. Although core inflation was stable at 4.6% y-o-y, it rose by 1.1%... 2010-07-23

The Kenyan shilling has depreciated significantly against the US dollar in recent months. As trade with east Africa has picked up in 2010, Kenya's import bill, which is largely funded... 2010-07-22

After a period of relative stability in April and May 2010, the Congolese franc was hit by a wave of downward pressure in early June, at one point selling off to CDF928/US$ (from CDF885/US$... 2010-07-21

BMI View: We believe the passage of Hong Kong's first-ever minimum wage bill on July 17 is a step in the wrong direction that may partially erode Hong Kong's advantage of being a leading... 2010-07-21

China's solid Q210 real GDP growth figure of 10.3% y-o-y does nothing to change our view of a sharp slowdown in H210. However, the benign inflation readings, coupled with our bearish... 2010-07-15

Taiwan's property prices have surged considerably from a year ago, and we believe that Taiwan is indeed facing a property bubble. However, we expect the bubble to be contained by further... 2010-07-13

China's trade surplus hit an eight-month peak in June, coming in at US$20.0bn, with exports rising to an all-time high of US$137.4bn. Given the economic weakness in the eurozone and... 2010-07-12

A tightening of liquidity conditions in mainland China, highlighted by the recent spike in Shanghai interbank rates, coupled with a slowdown in global dollar liquidity growth, shown... 2010-07-02