Asia Shines Among Emerging Market Peers

A Bloomberg article reports that Asia’s economies have outperformed their peers, with Malaysia being at the top of the list.

The article notes that Asia’s economies have “stronger buffers against headwinds like Federal Reserve policy tightening,” and that Malaysia’s current-account surplus, stable valuations and economic growth outlook earned it top ranking based on metrics ranging from “growth prospects to the state of the current account, sovereign credit ratings and stock and bond valuations.”

Four of the top six economies are from Asia, the article reports, including China, the Philippines and Thailand.