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S&P cuts Hong Kong to AA+ from AAA; Outlook Stable

The US-based ratings agency, Standard and Poor’s (S&P) downgrades Hong Kong’s credit ratings, following a cut in China's credit ratings announced a day before.

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S&P cuts Hong Kong to AA+ from AAA; while raises the Outlook to Stable from Negative

Japan’s Motegi: Japan maintains primary budget surplus target

Japanese Economy Minister Motegi is on the wires now, via Reuters, noting that Japan’s government maintains primary budget surplus target in order to
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Japan’s Aso: Government has not decided to delay budget balancing goal

Following the comments from the Japanese Economy Minister Motegi on the budget surplus target, the country’s Finance Minister Taro Aso crossed the wir
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