ASIA CREDIT-Japan spreads to stay wide as economy falters

Newswire

By Chikako Mogi TOKYO, March 27 (Reuters) - Japanese credit spreads have only limited scope to fall further as the focus shifts to chances of the country's faltering economy hurting company earnings, even as hopes rise for a recovery in global credit market turmoil. Analysts are turning their attention to effects on growth from the severe global credit crunch and a shaky financial system, as they expect a serious U.S. deterioration would hurt Japan, already hit by slumping housing and real ...

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