Malaysia, Philippines, Thailand better placed to face financial storm

KUALA LUMPUR: Malaysia, the Philippines and Thailand are better placed in most categories weather another financial storm arising from China, the US and Argentina, says Credit Suisse Economics Research.

It said on Wednesday the combination of renewed Chinese economic and financial stability concerns, on-going US Quantitative Easing (QE) tapering and Argentina's peso devaluation had triggered another wobble in emerging markets.