Asia-Pacific rating bias slides into negative zone, says S&P

  • Markets
  • Monday, 3 Dec 2018

MELBOURNE: The overall rating trend for  Asia-Pacific has in recent months turned slightly negative going into 2019 due to tighter financing conditions and geopolitical tensions,  according to S&P Global Ratings.

"This time last year, the ratings momentum was more positive. Over the past five months ended Oct. 31, 2018, however, the trend has turned negative for the region," said S&P Global Ratings credit analyst Terry Chan on Monday. 

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