The Finance Ministry has hinted it may seek compensation for any damage caused by the downgrading of Japan’s credit rating by U.S.-based Moody’s Investors Service Inc.

In a letter to the rating agency dated July 23, the ministry said that should any government or corporation suffer unwarranted damages, it possesses the right to claim compensation, a ministry official said Thursday.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.