Japan Debt Risk Drove Rating Cut, Colquhoun Says, May 23

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May 23 (Bloomberg) -- Andrew Colquhoun, head of Asia-Pacific Sovereigns at Fitch Ratings in Hong Kong, talks about the firm's downgrade of Japan's sovereign rating and the country's economic outlook. The local-currency rating was reduced one step, and foreign-currency grade two levels, to A+, the fifth-highest ranking, Fitch said in a statement yesterday. Colquhoun speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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