Investors say Asia led by Singapore and Hong Kong are safe bets as Fed hikes but premature to jump in

SINGAPORE/HONG KONG, June 18 (Reuters): Asia's emerging economies are better placed than most other regions to weather a bout of turbo-charged US policy tightening, analysts say, but with a health warning that investors shouldn't rush in.

The Federal Reserve raised interest rates by 75 basis points on Wednesday, the largest hike in more than a quarter century, and flagged further steep increases for the rest of the year to curb surging inflation.