Korea's October payback likely

Oct 30, 2015 04:23 am UTC| Commentary Economy

Koreas IS ratio for electronics and autos also stays elevated. Overall, September activity indicators were stronger due to pre-shipments and pre-production ahead of the Chuseok holidays and Chinas October Golden Week. This...

Credit growth remains tepid in India

Oct 30, 2015 02:39 am UTC| Commentary Economy

Despite signs of a gradual improvement in production numbers and discretionary spending, loan growth remains tepid. Non-food credit has averaged 9.5% YoY so far this fiscal year, down from 11% last year and FY12-14 average...

Gradual recovery in Indonesia's investment growth

Oct 30, 2015 02:26 am UTC| Commentary Economy

That investment growth is likely to come in around 3.6%, well below its long-term trend of circa 8%, clearly makes it to be the main drag of overall GDP growth this year. And coupled with a weak external demand, the risk...

Labour market is softening in Singapore

Oct 30, 2015 02:21 am UTC| Commentary Economy

The labour market is softening in Singapore. Although overall employment grew by 16,400 in the third quarter, which is faster than in the last quarter (9,700), this is significantly less than the number a year ago...

China scraps one-child policy

Oct 30, 2015 02:11 am UTC| Commentary Economy

China has scrapped its one-child policy more than three decades after it was first introduced. After the abolition, each couple will be allowed to have two children. Prior to that, only selected couples are allowed to have...

Euro area economy continues to show resilience, but the lending channel is not working

Oct 29, 2015 22:05 pm UTC| Commentary Economy

The flow of data over the past two weeks has proven better than expected. The euro area continues to show resilience, helped by robust consumption (due to stronger real disposable income and improving labour markets) and a...

Mexico monetary policy on hold, inflation should be close to 3% in 2016

Oct 29, 2015 21:03 pm UTC| Commentary Economy Central Banks

Banxico decided to maintain the reference rate at 3.00% as expected. The press release highlights that the balance of risks to growth has worsen since the previous meeting while the inflation outlook remains the same,...