Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

PK Basu has 34 years experience covering Asia's economies and markets (equities, fixed income and currencies), including 20 years covering the global economy. He was Chief Economist (SE Asia & India) at Credit Suisse First Boston for 5 years, and Chief Asia (x-Jpn) Economist at Daiwa Securities for a similar period. Among other roles, he was global head of research at Maybank Kim Eng, Malaysia equity research head and chief ASEAN economist at Macquarie, Chief Economist at ICICI Securities, ASEAN economist at UBS and the first chief economist at Khazanah Nasional (where he was co-head of research, and led all agri-business initiatives). PK Basu started his career in the Asia Service of WEFA (Wharton Econometrics) in Philadelphia in 1990, rising to be Director of their Asia Service in June 1994. 
PK's book, "Asia Reborn: A continent rises from the ravages of Colonialism and War to a New Dynamism" won the Tata Literature First Book Award (non-fiction) for 2018. It is the first single chronicle of the modern economic and political history of the whole of Asia (from Iraq and Turkey to Korea and Japan, and everything in between), told from an Asian perspective.

Chief Economist & Political Strategist

Exit Poll Suggests a Hung Parliament, but Not yet the Worst Possible Outcome for the Market

Macron's Magical Run Continues: Good for the Euro

Draghi's Talk Of "Reflationary Forces" Reinforces Trend Strength in Euro Amid Flatter US Yield Curve

Not Just Scotland: McGuinness, Brexit and the Dismantling of the United Kingdom

The Market Sentimentalist: Ready, Steady, Brexit

REAL-Economics.com

Thematic (Sector/Industry)

France & united kingdom / Thematic (Sector/Industry)

-Buy the Euro and sell Sterling in the run-up to the two big elections on either side of the Channel. Macron is set to do a Schroeder for France, reinvigorating the EU, while May's muddled message will get muddier after she hobbles back to Downing Street. In the longer-term, the loss of British enterprise and innovation will be a net loss for Europe, as the ENA alums will eventually make the EU even more bureaucratic and centralised. For a nation that has been in decline for 254 years (since it…

-Buy the Euro and sell Sterling in the run-up to the two big elections on either side of the Channel. Macron is set to do a Schroeder for France, reinvigorating the EU, while May's muddled message will get muddier after she hobbles back to Downing Street. In the longer-term, the loss of British enterprise and innovation will be a net loss for Europe, as the ENA alums will eventually make the EU even more bureaucratic and centralised. For a nation that has been in decline for 254 years (since it…

France Beating Britain in the Long Game: +ve for the EU in the Near-Term, Less so in the Long Haul