27 May '11, 12pm

FACTBOX - Ratings agencies' warnings, actions on Japan debt: and tsunami and the still unknown costs from the cr...

REUTERS - Fitch Ratings on Friday cut Japan's outlook to negative from stable, warning of risks to its already tattered public finances from a massive earthquake and tsunami and the still unknown costs from the crisis at the crippled nuclear power plant in Fukushima. Moody's Investors Service and Standard & Poor's have similarly cut their outlook on Japan's credit ratings this year, potentially emboldening those in the government pushing for higher taxes, although deep rifts between the government and opposition still stand in the way of fiscal reform. The following are comments and actions by ratings agencies on Japan: FITCH RATINGS -- Fitch on May 27 cut Japan's outlook to negative from stable, warning that the cost of cleaning up the crisis-hit Fukushima nuclear plant could hurt its public finances while delays in restoring power supplies could lead to a downward revisi...

Full article: http://sg.news.yahoo.com/factbox-ratings-agencies-warning...

Tweets

Moody's puts Japan on review for possible downg...

sg.news.yahoo.com 31 May '11, 4am

TOKYO (Reuters) - Credit ratings agency Moody's Investors Service said on Tuesday it may downgrade Japan's sovereign debt ...

Completely new/different reactor (No. 5) came w...

channelnewsasia.com 29 May '11, 5am

TOKYO: Emergency workers on Sunday restored the cooling system of a reactor which had come to a halt after escaping major ...