Europe’s sovereign debt crisis may pressure ratings of Asian countries such as Sri Lanka, India and Indonesia by disrupting global funding markets, according to Fitch Ratings.
Japan’s creditworthiness is under pressure as the government’s debt burden swells and households save less, Fitch Ratings analyst Andrew Colquhoun said.
Japan’s March 11 earthquake may help politicians come together in the wake of the crisis, according to Fitch Ratings.
Andrew Colquhoun, Hong Kong-based head of Asia-Pacific ratings for Fitch Ratings, comments on the prospects of a change in credit rating for the Philippines in an interview in Singapore.
"Signs that the government had abandoned fiscal consolidation as a goal would be negative for the ratings."
- Andrew Colquhoun on Nov 12, 2014