Explainers
Why do Hong Kong's interest rates follow the Fed?
The Fed moved on Wednesday and Hong Kong's official rate followed within hours, by formula. The rates people borrow at answer to the peg on a slower clock.
Explainers
One question a week, answered from the source — the reading skills behind the daily letter.
Explainers
Why do the Nikkei and the TOPIX move differently on the same day?
On Monday the Nikkei rose 2.12% and the TOPIX 0.55%, same market, same session. The difference is the weighting rule, and it is worth understanding.
Explainers
What is a base effect, and why can inflation jump when prices barely moved?
Korea's inflation rate rose to 3.1% largely because of a phone discount in August 2025. How base effects work, and the three checks that expose one.
Explainers
What is the Bank of Korea's dot plot, and why does it matter more than the rate decision?
Seven rate-setters, three dots each, six months ahead. How to read the pile, the median and the shift, and what the dots are not.