The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.

“The government recognises that the current law is outdated, and we must embrace change, but the guiding principle in doing ...

Much of the global attention around industrial self-sufficiency has focused on the US and China. Yet Japan, too, has been working to reduce its reliance on foreign suppliers in strategic sectors, and ...