Moody's cuts rating on Japan sovereign debt by 1 notch

Moody's cuts rating on Japan sovereign debt by 1 notch

TOKYO, Japan - Thomas Byrne, a senior vice president of Moody's Investors Service Inc., holds a press conference in Tokyo on Dec. 1, 2014, after the U.S. rating agency revised downward its credit rating on Japanese sovereign bonds by one notch to A1 from Aa3 with stable outlook, citing uncertainty over the nation's ability to restore its fiscal health.

Japan gov't debt downgraded

Japan gov't debt downgraded

TOKYO, Japan - Japanese Finance Minister Yoshihiko Noda answers reporters' questions about the downgrading of Japan's government debt at the Finance Ministry in Tokyo on Aug. 24, 2011. Moody's Investors Service Inc. said the same day it has downgraded its credit rating for Japanese government bonds by one notch from Aa2 to Aa3.

Japan gov't debt downgraded

Japan gov't debt downgraded

TOKYO, Japan - Japanese Prime Minister Naoto Kan enters the prime minister's office in Tokyo on Aug. 24, 2011. Moody's Investors Service Inc. said the same day it has downgraded its credit rating for Japanese government bonds by one notch from Aa2 to Aa3. ''Over the past five years, frequent changes in administrations have prevented the government from implementing long-term economic and fiscal strategies into effective and durable policies,'' the U.S. rating agency said in its report.

Japan gov't debt downgraded

Japan gov't debt downgraded

TOKYO, Japan - Japanese Prime Minister Naoto Kan enters the prime minister's office in Tokyo on Aug. 24, 2011. Moody's Investors Service Inc. said the same day it has downgraded its credit rating for Japanese government bonds by one notch from Aa2 to Aa3. ''Over the past five years, frequent changes in administrations have prevented the government from implementing long-term economic and fiscal strategies into effective and durable policies,'' the U.S. rating agency said in its report. (Kyodo)

Japan gov't debt downgraded

Japan gov't debt downgraded

TOKYO, Japan - Japanese Finance Minister Yoshihiko Noda answers reporters' questions about the downgrading of Japan's government debt at the Finance Ministry in Tokyo on Aug. 24, 2011. Moody's Investors Service Inc. said the same day it has downgraded its credit rating for Japanese government bonds by one notch from Aa2 to Aa3. (Kyodo)

Moody's cuts rating on Japan sovereign debt by 1 notch

Moody's cuts rating on Japan sovereign debt by 1 notch

TOKYO, Japan - Thomas Byrne, a senior vice president of Moody's Investors Service Inc., holds a press conference in Tokyo on Dec. 1, 2014, after the U.S. rating agency revised downward its credit rating on Japanese sovereign bonds by one notch to A1 from Aa3 with stable outlook, citing uncertainty over the nation's ability to restore its fiscal health. (Kyodo)