UN reports some Asian nations vulnerable to currency crisis, leaves Malaysia out

BANGKOK: Four Asian nations hit hard by the 1997-98 financial crisis face renewed vulnerability to sudden capital outflows that could cause a currency crisis, the United Nations said in a report, but left Malaysia out. 

Despite the rapid economic growth of the region, Indonesia, South Korea, Thailand and the Philippines have recently showed some cracks in their economies that should be closely monitored, according to the U.N.'s Economic and Social Commission for Asia and the Pacific, or UNESCAP.