{"id":180295,"date":"2018-12-10T05:56:26","date_gmt":"2018-12-10T05:56:26","guid":{"rendered":"http:\/\/www.thetruthseeker.co.uk\/?p=180295"},"modified":"2018-12-12T05:22:04","modified_gmt":"2018-12-12T05:22:04","slug":"malaysia-beats-emerging-market-peers-as-asia-outshines","status":"publish","type":"post","link":"https:\/\/www.thetruthseeker.co.uk\/?p=180295","title":{"rendered":"Malaysia Beats Emerging Market Peers as Asia Outshines"},"content":{"rendered":"<h1 style=\"text-align: center;\"><strong>Yumi Teso and Masaki Kondo \u2013 Bloomberg.com Nov 28, 2018<\/strong><\/h1>\n<p><span style=\"color: #ccffff;\">Turkey has tumbled to bottom of the emerging-market pile, according to a Bloomberg analysis.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">Ranked fifth out of 21 nations in a similar study <span style=\"text-decoration: underline;\"><strong><a style=\"color: #ccffff; text-decoration: underline;\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-31\/asia-tops-emerging-market-scorecard-after-rout-as-s-africa-lags\">six months ago<\/a><\/strong><\/span>, the country has slumped on a scorecard that includes metrics ranging from growth prospects to the state of the current account, sovereign credit ratings and stock and bond valuations.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">Meanwhile Asia\u2019s economies, which have stronger buffers against headwinds like Federal Reserve policy tightening, outshone the rest, with Malaysia holding on to the No. 1 spot.<\/span><\/p>\n<h3>Key Insights<\/h3>\n<ul>\n<li><span style=\"color: #ccffff;\">Turkey\u2019s economy is forecast to grow 0.8 percent in 2019, down from an estimated 3.5 percent this year, according to a Bloomberg survey of economists. Inflation reached 25.2 percent in October, the <span style=\"text-decoration: underline;\"><strong><a style=\"color: #ccffff; text-decoration: underline;\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-11-05\/turkish-inflation-accelerates-as-lira-slump-feeds-into-prices\">highest level<\/a> <\/strong><\/span>since 2003, eroding real yields<\/span><\/li>\n<li><span style=\"color: #ccffff;\">Malaysia remained at the top of the list, thanks to its current-account surplus, relatively stable economic growth outlook and valuations. Data last week showed inflation came in at 0.6 percent in October from a year earlier, compared with its 10-year government bond yield of about 4.17 percent<\/span><\/li>\n<li><span style=\"color: #ccffff;\">Four of the top six economies on the scorecard are from Asia, including China, the Philippines and Thailand. China and Thailand are drawing support from current-account surpluses, relatively strong growth and benign inflation. The Philippines\u2019 current-account deficit and high inflation rates are partly offset by growth of more than 6 percent<\/span><\/li>\n<li><span style=\"color: #ccffff;\">\u201cA closer attention is now paid to economic growth outlooks of each emerging economy amid successive rate hikes,\u201d said Tsutomu Soma, general manager of the investment trust and fixed-income department at SBI Securities Co. in Tokyo. \u201cInvestors are also deciphering how each country is impacted by the U.S.-China trade frictions. They will continue to be more selective with their investments given such circumstances.\u201d<\/span><\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td><strong>Rank<\/strong><\/td>\n<td><strong>Country<\/strong><\/td>\n<td><strong>Total<\/strong><\/td>\n<td><strong>GDP<\/strong><\/td>\n<td><strong>Current Account<\/strong><\/td>\n<td><strong>Ratings<\/strong><\/td>\n<td><strong>Reserves<\/strong><\/td>\n<td><strong>Valuations<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>1<\/strong><\/td>\n<td><strong>Malaysia<\/strong><\/td>\n<td><strong>2.55<\/strong><\/td>\n<td><strong>0.48<\/strong><\/td>\n<td><strong>0.88<\/strong><\/td>\n<td><strong>0.91<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><strong>1.27<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>2<\/strong><\/td>\n<td><strong>Russia<\/strong><\/td>\n<td><strong>2.36<\/strong><\/td>\n<td><strong>-1.22<\/strong><\/td>\n<td><strong>1.63<\/strong><\/td>\n<td><strong>0.01<\/strong><\/td>\n<td><strong>0.00<\/strong><\/td>\n<td><strong>1.93<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>3<\/strong><\/td>\n<td><strong>China<\/strong><\/td>\n<td><strong>1.39<\/strong><\/td>\n<td><strong>1.47<\/strong><\/td>\n<td><strong>0.22<\/strong><\/td>\n<td><strong>1.21<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><strong>-0.51<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>4<\/strong><\/td>\n<td><strong>Philippines<\/strong><\/td>\n<td><strong>1.00<\/strong><\/td>\n<td><strong>1.44<\/strong><\/td>\n<td><strong>-0.36<\/strong><\/td>\n<td><strong>0.01<\/strong><\/td>\n<td><strong>0.00<\/strong><\/td>\n<td><strong>-0.09<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>5<\/strong><\/td>\n<td><strong>Colombia<\/strong><\/td>\n<td><strong>0.89<\/strong><\/td>\n<td><strong>-0.48<\/strong><\/td>\n<td><strong>-0.80<\/strong><\/td>\n<td><strong>0.01<\/strong><\/td>\n<td><strong>0.00<\/strong><\/td>\n<td><strong>2.16<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>6<\/strong><\/td>\n<td><strong>Thailand<\/strong><\/td>\n<td><strong>0.87<\/strong><\/td>\n<td><strong>0.20<\/strong><\/td>\n<td><strong>2.52<\/strong><\/td>\n<td><strong>0.61<\/strong><\/td>\n<td><strong>0.00<\/strong><\/td>\n<td><strong>-2.46<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>7<\/strong><\/td>\n<td><strong>Poland<\/strong><\/td>\n<td><strong>0.80<\/strong><\/td>\n<td><strong>0.22<\/strong><\/td>\n<td><strong>-0.07<\/strong><\/td>\n<td><strong>0.91<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><strong>0.73<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>8<\/strong><\/td>\n<td><strong>Mexico<\/strong><\/td>\n<td><strong>0.79<\/strong><\/td>\n<td><strong>-0.96<\/strong><\/td>\n<td><strong>-0.41<\/strong><\/td>\n<td><strong>0.61<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><strong>2.54<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>9<\/strong><\/td>\n<td><strong>Chile<\/strong><\/td>\n<td><strong>0.78<\/strong><\/td>\n<td><strong>-0.06<\/strong><\/td>\n<td><strong>-0.53<\/strong><\/td>\n<td><strong>1.51<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><strong>0.86<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>10<\/strong><\/td>\n<td><strong>Korea<\/strong><\/td>\n<td><strong>0.75<\/strong><\/td>\n<td><strong>-0.65<\/strong><\/td>\n<td><strong>1.34<\/strong><\/td>\n<td><strong>1.81<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><strong>-0.75<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>11<\/strong><\/td>\n<td><strong>Indonesia<\/strong><\/td>\n<td><strong>0.62<\/strong><\/td>\n<td><strong>0.77<\/strong><\/td>\n<td><strong>-0.70<\/strong><\/td>\n<td><strong>-0.29<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><strong>1.84<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>12<\/strong><\/td>\n<td><strong>India<\/strong><\/td>\n<td><strong>0.48<\/strong><\/td>\n<td><strong>2.06<\/strong><\/td>\n<td><strong>-0.72<\/strong><\/td>\n<td><strong>-0.29<\/strong><\/td>\n<td><strong>0.00<\/strong><\/td>\n<td><strong>-0.58<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>13<\/strong><\/td>\n<td><strong>Peru<\/strong><\/td>\n<td><strong>0.15<\/strong><\/td>\n<td><strong>0.08<\/strong><\/td>\n<td><strong>-0.39<\/strong><\/td>\n<td><strong>0.61<\/strong><\/td>\n<td><strong>0.00<\/strong><\/td>\n<td><strong>-0.15<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>14<\/strong><\/td>\n<td><strong>Hungary<\/strong><\/td>\n<td><strong>-0.28<\/strong><\/td>\n<td><strong>0.00<\/strong><\/td>\n<td><strong>0.67<\/strong><\/td>\n<td><strong>-0.29<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><strong>0.34<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>15<\/strong><\/td>\n<td><strong>Brazil<\/strong><\/td>\n<td><strong>-0.85<\/strong><\/td>\n<td><strong>-1.13<\/strong><\/td>\n<td><strong>-0.23<\/strong><\/td>\n<td><strong>-1.18<\/strong><\/td>\n<td><strong>0.00<\/strong><\/td>\n<td><strong>1.70<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>16<\/strong><\/td>\n<td><strong>Romania<\/strong><\/td>\n<td><strong>-1.07<\/strong><\/td>\n<td><strong>-0.03<\/strong><\/td>\n<td><strong>-1.08<\/strong><\/td>\n<td><strong>-0.29<\/strong><\/td>\n<td><strong>0.00<\/strong><\/td>\n<td><strong>0.33<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>17<\/strong><\/td>\n<td><strong>Egypt<\/strong><\/td>\n<td><strong>-1.58<\/strong><\/td>\n<td><strong>0.88<\/strong><\/td>\n<td><strong>-0.77<\/strong><\/td>\n<td><strong>-1.78<\/strong><\/td>\n<td><strong>0.00<\/strong><\/td>\n<td><strong>0.09<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>18<\/strong><\/td>\n<td><strong>Croatia<\/strong><\/td>\n<td><strong>-2.21<\/strong><\/td>\n<td><strong>-0.65<\/strong><\/td>\n<td><strong>0.78<\/strong><\/td>\n<td><strong>-0.58<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><strong>-0.75<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>19<\/strong><\/td>\n<td><strong>South Africa<\/strong><\/td>\n<td><strong>-3.07<\/strong><\/td>\n<td><strong>-1.47<\/strong><\/td>\n<td><strong>-0.98<\/strong><\/td>\n<td><strong>-0.58<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><strong>0.95<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>20<\/strong><\/td>\n<td><strong>Turkey<\/strong><\/td>\n<td><strong>-4.06<\/strong><\/td>\n<td><strong>-0.95<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><strong>-1.18<\/strong><\/td>\n<td><strong>-1.00<\/strong><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-11-27\/turkey-sinks-to-last-on-emerging-market-scorecard-malaysia-tops\">Continues \u2026 <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What\u2019s really impressive \u2013 and unmentioned \u2013 in Bloomberg\u2019s ranking of emerging markets is the fact that despite Western sanctions Russia beats China, India and Korea to come second  <\/p>\n","protected":false},"author":39262,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[66],"tags":[],"class_list":["post-180295","post","type-post","status-publish","format-standard","hentry","category-Economics"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/180295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/users\/39262"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=180295"}],"version-history":[{"count":2,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/180295\/revisions"}],"predecessor-version":[{"id":180297,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/180295\/revisions\/180297"}],"wp:attachment":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=180295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=180295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=180295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}