SEOUL/ NEW DELHI, April 5- Asian policymakers braced for a flood of capital unleashed by the Bank of Japan's huge monetary stimulus, but some conceded on Friday the impact on global money flows and currencies might prove to be a necessary side-effect to get the region's No.2 economy growing.
MANILA, April 2- The Philippines is rushing reforms in its foreign investment and foreign exchange rules as it prepares for stronger fund inflows following its promotion to an investment grade credit rating.
TOKYO, March 29- Whether the world's largest economy can sustain momentum will be a primary focus for investors for the next three months after a general recovery trend in the United States helped risk sentiment for broad markets in the first quarter of 2013..
That cruel reality confronts the four large emerging stock markets known as the BRICs: Brazil, Russia, India and China.
*Thailand may have to sell 500,000 T rice on world markets at a loss. SUPHAN BURI, Thailand, March 28- Thailand is set to sell half-a-million tonnes of rice on world markets at a loss, as it scrambles to offload a record stockpile deteriorating in quality in warehouses filled with grain bought under a government scheme.
BANGKOK, March 27- The main Philippine index scaled a record high on Wednesday after Fitch Ratings upgraded the country's sovereign rating to investment grade and the Indonesian index closed at an all-time high after the appointment of a new central bank governor.
*Manila wins investment grade credit rating for first time. By Rosemarie Francisco and Karen Lema. MANILA, March 27- Fitch Ratings raised the Philippines' credit rating to investment grade on Wednesday, a first for the Southeast Asian nation, in a move expected to boost investment and lift the country's long-term growth potential.
SINGAPORE, March 27- Risk sentiment turned for the better today as regional stocks advanced and, in the process, pulled up Asian credit spreads. Equities in Hong Kong went up 0.7% and those in Japan rallied 0.18%, while the Indonesian stock index hit a record high of 4,923.7.
MANILA, March 27- Fitch Ratings upgraded the Philippines to investment grade on Wednesday, the first credit rating agency to do so, citing the country's strong external position, resilient economy and improving finances. Below is a summary of ratings action by Fitch, Moody's and Standard& Poor's.
*Manila wins investment grade credit rating for first time. By Rosemarie Francisco and Karen Lema. MANILA, March 27- Fitch Ratings raised the Philippines' credit rating to investment grade on Wednesday, a first for the Southeast Asian nation, in a move expected to boost investment and lift the country's long-term growth potential.
MANILA, March 27- Fitch Ratings raised the Philippines' credit rating to investment grade on Wednesday, a first for the Southeast Asian nation, in a move expected to boost investment and lift the country's long-term growth potential.
Fitch Ratings upgraded the Philippines' Long-Term Foreign-Currency Issuer Default Rating to' BBB-' from' BB+'. The Long-Term Local-Currency IDR has been upgraded to' BBB' from' BBB-'.
MANILA, March 27- Fitch Ratings raised the Philippines' credit rating to investment grade on Wednesday, a first for the Southeast Asian nation, in a move expected to boost investment and lift the country's long-term growth potential.
MANILA, March 27- Fitch Ratings raised the Philippines' credit rating to investment grade on Wednesday, a first for the Southeast Asian nation, in a move expected to boost investment and lift the country's long-term growth potential.
March 27- Fitch Ratings upgraded the Philippines' Long-Term Foreign-Currency Issuer Default Rating to' BBB-' from' BB+'. Key Rating Drivers The upgrade of Philippines' sovereign ratings reflects the following factors:- The Philippines' sovereign external balance sheet is considered strong relative to' A' range peers, let alone' BB' and' BBB' category medians.