You are here

S&P snubs Abenomics by downgrading Japan's credit rating


JAPAN's Abenomics received an effective slap in the face on Wednesday as rating agency Standard & Poor's downgraded the country's sovereign credit rating by one notch, citing relative lack of progress in reviving economic growth and ending deflation in the world's third largest...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to