Title:

Difficult Times Will Test Prudence Of Asian Sovereigns, Report Says

Price:$100.00
Publication Date:May 05, 2008
Report Type:News
Abstract:SINGAPORE (Standard&Poor's) May 6, 2008--Although many Asian sovereigns are likely to remain resilient in this difficult environment, the risk is a few governments may lack prudence in addressing increased inflationary pressures, said Standard&Poor's Ratings Services in a report. The report, titled "When Times Call For Prudence, Will Asian Sovereigns Show It?", said that while the economies and sovereigns in the region have generally shown resilience, divergences have started to surface. "Standard&Poor's rates 17 sovereigns in Asia, and the credit outlook is still predominantly stable, with somewhat lower positive momentum due to the heightened risks," said Standard&Poor's credit analyst, Elena Okorotchenko. "The potential negative effects from U.S. housing and economic problems on Asia
Brief Excerpt:RESEARCH Ratings Definitions Difficult Times Will Test Prudence Of Asian Sovereigns, Report Says Publication date: ##-May-#### Primary Credit Analyst: Elena Okorotchenko, Singapore (##) ####-####; elena_okorotchenko@standardandpoors.com...
Word Count:756
Sector:Global Issuers, Sovereigns
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S&P Credit Research

S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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