Asian firms vulnerable to rating downgrades, S&P says

02/25/2009 | Financial Times (free content)

Standard & Poor's reported that companies in Asia, often highly dependent on exports, face their highest risk in five years of having their corporate-debt ratings downgraded. Companies most likely to be downgraded are those in finance, high tech, retail, restaurants, auto manufacturing, forest products, building materials and capital goods, S&P said.

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