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Oxford Economics

Oxford Economics
The latest news and top stories on Oxford Economics. A global leader in economic consulting, UK-based Oxford Economics provides economic forecasts analysis and advisory services. It serves businesses, governments and international organisations worldwide, offering data-driven insights and analytical tools.
Tourists walk through the Prambanan temple complex in Sleman regency, Yogyakarta, Indonesia. Photo: Khairu Syukrillah/ZUMA Press Wire/dpa
Indonesia

Indonesia’s immigration chief urges rethink on wider visa-free access

Immigration Director General Hendarsam Marantoko says Indonesia ‘does not want visitors who do not contribute positively’ to the economy.

China-EU relations

EU hits ‘make-or-break moment’ as divided leaders confront ‘China shock 2.0’

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Energy

Oil prices rally on Hormuz talks but will Asia’s energy woes ease?

Semiconductors

Nvidia ‘likely the most concerned’ as Huawei bets on new chip architecture law

Chip advance marks big step accelerating China’s semiconductor self-reliance push and promises leaps in AI computing power.

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People visit the exhibition area of Huawei at the 10th China-Russia Expo in Harbin, northeast China’s Heilongjiang province, on May 19. Photo: Xinhua
Africa

African Development Bank meets as shrinking aid, Ebola cast long shadows

The bank is pushing to tap Africa’s own financial resources to plug what it estimates is a US$400 billion annual development financing gap.

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US, Israel war on Iran

Aluminium supply crunch threatens Asia’s clean energy push amid Iran war

Key Gulf plants have been hit by Iranian missiles, causing a drop in output of the metal used in making solar panels and wind turbines.

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Vietnam

Beyond bamboo: Vietnam’s To Lam mounts a diplomacy offensive

The security chief turned paramount leader is chasing the markets and capital required to reach high-income status by 2045.

Vietnam’s To Lam waves after shaking hands with Indian Prime Minister Narendra Modi before their meeting at Hyderabad House in New Delhi on May 6. Photo: EPA
Artificial intelligence

China’s AI drive seen widening wealth gap, testing ‘common prosperity’ push

With Beijing’s ‘AI-plus’ plan looking to grow the nation’s digital economy, experts warn that hubs could further outpace rural regions, fuelling inequality.

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United States

US adds 115,000 jobs in April, but experts warn of hidden weakness

The gains mainly came in the healthcare, transport and warehousing and retail trade sectors.

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Vietnam

Vietnam burns red tape but growth may be harder to rekindle

Vietnam’s drive to energise its economy may take time to materialise in the face of rising fuel costs and trade barriers, analysts say.

A labourer works at a construction site in Hanoi in April. Vietnam’s President To Lam has set an annual growth target of 10 per cent until 2030. Photo: EPA
Pakistan

Pakistan’s IMF-backed recovery under pressure as Iran-US mediation stalls

While Islamabad continues to push for peace, the war threatens to erode its foreign exchange reserves and make financing harder to secure.

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A trader monitors share prices at the Pakistan Stock Exchange (PSX) in Karachi, Pakistan, on Monday. Photo: EPA
China travel

More bookings, shorter trips: Chinese adjust to pricier fuel for May holiday

Domestic flight bookings up about 8 per cent and domestic package-tour reservations up about 10 per cent, survey finds.

US, Israel war on Iran

Asian airlines face ‘major headwind’ from jet fuel costs, forcing flight changes

Fuel has jumped from 25 per cent of total operating costs for airlines to nearly 45 per cent in a matter of weeks, analysts say.

US, Israel war on Iran

Asia’s energy supply at breaking point as US blockades Hormuz

Nearly 90 per cent of the region’s crude oil is now at risk as stalled peace talks and a naval stand-off raise the spectre of stagflation.

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A liquefied natural gas tanker is seen at a port in Yokohama, Japan’s Kanagawa prefecture, on April 8. Photo: AFP
China energy security

As war on Iran escalates, Asia scrambles to deal with global energy fallout

China, Japan and South Korea have all taken steps to reduce impact of supply shortages – but analysts warn of spillover.

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This video grab shows fire erupting at an oil depot in Iran’s capital Tehran after the United States and Israel launched strikes against Iran starting on February 28. Photo: AFP
Pakistan

Pakistan imperils its IMF rescue as Afghanistan border violence rages

Without an IMF bailout, ‘Pakistan won’t survive’, one economist says. But financial collapse wouldn’t just be Islamabad’s problem.

US, Israel war on Iran

How is the conflict in Iran affecting Europe’s energy supply and prices?

Analysts urge EU to accelerate green energy transition and reduce reliance on fossil fuel imports.

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Bangladesh

Bangladesh faces daunting post-election challenges in economy, garment sector

A key concern for Dhaka is the upgrade to developing nation status, with the key garment sector set to face stiffer competition.

Garment workers tailor clothes in a factory in Tongi, on the outskirts of Dhaka. Photo: AFP
US-China trade war

At America’s biggest retail show, the China question never really goes away

Tariffs may ebb and supply chains may detour, but US shoppers – and giants like Walmart and Amazon – still rely heavily on Chinese goods.

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US-China trade war

Trade reset? China, Canada look to revive ties after US tariffs force rethink

Crude, copper and iron top Canada’s exports to China, as prime minister seeks to mend relationship with Beijing.

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Vietnam

As Vietnam’s US trade surplus outpaces China, Trump tries to fix ‘imbalance’

Jennifer Wicks McNamara is set to replace Marc Knapper as US ambassador to Vietnam as Hanoi’s trade surplus with US surpasses Beijing for first time.

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US President Donald Trump speaks during a meeting with oil industry executives at the White House earlier this month. Photo: Reuters
Yuan

What China’s global yuan push looks like – and what could hold it back

Currency sees wider use in trade, but high domestic savings and partial capital controls still act as constraints, analysis shows.

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The yuan has seen a notable rise as a settlement currency in China’s international trade flows. Photo: Shutterstock
China travel

Why South Korea is becoming China’s new bargain travel hotspot amid Japan spat

A slump in the won is making South Korea increasingly affordable for mainland tourists just as China warns against travel to Japan.

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China's economic recovery

Beijing digs in for trade ‘struggles’, eyes strategy of growth and resilience

Analysts see leadership’s language after central economic work conference as an admission that trade tensions are expected to endure.

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United States

US Fed lowers key rate, but Powell says December cut not guaranteed

The central bank’s second consecutive quarter-point cut seeks to bolster the flagging US labour market.

US Federal Reserve Chair Jerome Powell holds a press conference in Washington after the Fed cut interest rates by quarter of a percentage point on Wednesday. Photo: Reuters
China’s fourth plenum

China sets ‘technological self-reliance’ as a key goal for the next 5 years

Proposal sets out tech target for the first time in at least a decade, with the aim to make ‘rapid breakthroughs in key technologies’.

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China is aiming for “technological self-reliance and self-strengthening” as the global tech race intensifies. Photo: Shutterstock
US-China relations

US government frozen after shutdown, but China talks still in motion: analysts

This week’s shutdown would be unlikely to stall China trade talks, observers said, but could speed up Federal Reserve’s interest rate cuts.

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Rare earths

Is a rumoured US rare earth fund coming too late to catch up with China?

A reported US$5 billion fund to secure Washington’s rare earth supply is probably not enough to shake China’s dominance, analysts said.

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