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Asia-Pacific Retailers Should Stay Strong In The Face Of A Global Downturn, Says S&P Report Nov 11

Standard & Poors, Nov 2011


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Abstract
TOKYO (Standard & Poor's) Nov. 22, 2011--Overall credit quality among retail companies in the Asia-Pacific region is likely to be stable for at least the first half of 2012, despite variations in the growth prospects of different markets and rising concerns about a global economic slowdown, Standard & Poor's Rating Services said in a report published today. In emerging markets such as China, Indonesia, and Korea, we expect that relatively strong prospects for growth, increasing numbers of middle-income earners, and solid consumption will soften the impact of a weaker world economy on the performance of retailers. Standard & Poor's Ratings Services believes private consumption will remain solid for the next six to 12 months. An economic slowdown, however, would lower...

Action: General Comment

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.




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