Investors don't like political turmoil. So for now they don't like Malaysia, where allegations of financial wrongdoing by Prime Minister Najib Razak have triggered demonstrations and denunciations in parliament. Foreign investors sold $4.6 billion in Malaysian stocks and bonds last quarter and sent the currency to a 17-year low. Foreign direct investment that's gotten government approval fell about 42 percent in the first half of 2015, to 21.3 billion ringgit ($5 billion). "Malaysia risks not just being left behind but falling off the radar altogether," says Jim Walker, chief economist at Hong Kong-based consultancy Asianomics Group.
展开▼
