Japan Debt Outlook Cut to ‘Negative’ by S&P

Japan Debt Outlook Cut to ‘Negative’ by S&P

Tomohiro Ohsumi/Bloomberg

A Hitachi Construction Machinery Co. excavator works at a damaged port in Kesennuma City, Miyagi Prefecture, Japan. Standard & Poor predicted that rebuilding will cost 20 trillion yen ($245 billion) to 50 trillion yen.