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Japan/United States: S&P cuts outlook on Japan sovereign debt amid impact from earthquake.

Thai Press Reports

| April 29, 2011 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

Section: General News - Standard & Poor's on Wednesday cut its outlook on Japanese sovereign debt ratings to "negative" for a possible future downgrade, warning of a likely increase in the nation's fiscal deficits due to the emergency spending following the March 11 earthquake and tsunami.

The U.S. rating agency kept Japan's long-term credit rating at AA-minus and short-term rating at A-1-plus, but downwardly revised the outlook from …

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