...Emerging Asia: Positive Pressure Ebbs Eight of 10 Emerging Asian sovereigns are on Stable Outlook, with two (Malaysia and Mongolia) on Negative Outlook. A deeper dive into credit profiles using Fitch Ratings' four main categories for analysis reveals marginally more negative than positive momentum across the region. Japan `A+' on Rating Watch Negative The Japanese government's decision to delay a consumption tax increase originally scheduled for October 2015 meets a negative sensitivity identified in previous reviews. Fitch expects to resolve the Watch in light of updated fiscal and economic forecasts in March or April 2015. India, Indonesia: From Stabilisation to Reforms Fitch affirmed India and Indonesia at `BBB-'/Stable during 2014, reflecting the agency's perception that both countries have strengthened buffers against potential volatility in investor risk appetite. A key credit issue for both sovereigns is whether recently- elected governments can implement growth-enhancing reforms...
