The Asia-Pacific region is well-positioned to weather continued choppy economic waters globally in 2013, Moody's predicts. General fiscal and financial sustainability are keeping the region's economies humming, Moody's says, while noting that "despite the global financial crisis in 2008 and subsequent downturn in advanced country economic performance, three sovereigns in the Asia-Pacific were upgraded in 2012 -- Korea, Indonesia and the Philippines -- by one notch each."

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