Malaysia Beats Emerging Market Peers as Asia Outshines
- Asia continues to outshine peers amid steady growth forecasts
- China, Philippines also among top-ranked; South Africa lags
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Turkey has tumbled to bottom of the emerging-market pile, according to a Bloomberg analysis.
Ranked fifth out of 21 nations in a similar study six months ago, 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.