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View Full Version : Japan Rating Cut by Fitch on 'Leisurely' Efforts to Tame Debt - Bloomberg



NewsWhore
05-22-2012, 06:10 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEXa3kvaHfs43PAWg3kAnSi-A8pzQ&url=http://www.bloomberg.com/news/2012-05-22/japan-rating-cut-by-fitch-on-leisurely-efforts-to-tame-debt.html)


Japan Rating Cut by Fitch on 'Leisurely' Efforts to Tame Debt (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEXa3kvaHfs43PAWg3kAnSi-A8pzQ&url=http://www.bloomberg.com/news/2012-05-22/japan-rating-cut-by-fitch-on-leisurely-efforts-to-tame-debt.html)
Bloomberg
The long-term, local currency grade fell by one step to A+, the fifth highest ranking, with a negative outlook, Fitch said in a statement today. The foreign-currency rating declined two steps to A+. The reduction highlights the need to rein in the debt ...

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