Moody's Investors Service

UPDATE 1-Toyota Thai unit sets 2-year bond coupon

BANGKOK, Nov 19 (Reuters) - The Thai leasing unit of Toyota Motor Corp has set a coupon rate of 4.11 percent for a two-year bond issue worth up to 1.2 billion baht ($34 million), the bond's underwriters said on Wednesday....

Seoul shares extend loss, down 2 pct; refiners hit

SEOUL, Nov 19 (Reuters) - Seoul shares extended losses to fall 2 percent in the first hour of trade on Wednesday, giving up the opening gain of 0.25 percent as crude refiners and technology exporters continued to slide on their...

Seoul shares seen up; caution on builders, banks

SEOUL, Nov 19 (Reuters) - Seoul shares may rise on Wednesday after their sharp falls on Tuesday, with a firm finish in Wall Street following Hewlett-Packard's better-than-expected results likely to lend support while easier oil...

Principal to participate in Treasury program

DES MOINES, Iowa - Retirement, insurance and financial services company Principal Financial Group Inc. said Tuesday it plans to apply to the U.S. Treasury for participation in the capital purchase program. The Des Moines-based...

Shipping firm, airline lay off staff in global downturn

Wednesday November 19, 2008, 6:44 pm (NOL) to cut about 1,000 jobs and Air New Zealand to eliminate 200, the companies said. Global container shipping and logistics firm NOL said it is dealing with an "unprecedented" industry...

Integra Bank Corporation Explains Status of Participation in Capital Purchase Program

EVANSVILLE, Ind., Nov. 18, 2008 (GLOBE NEWSWIRE) -- Integra Bank Corporation (Nasdaq:IBNK), parent company of Integra Bank N.A., confirmed that it has applied for participation in the Treasury Department's TARP Capital Purchase...

Integra Bank Corporation Explains Status of Participation in Capital Purchase Program...

Tuesday November 18, 7:00 pm ET EVANSVILLE, Ind., Nov. 18, 2008 (GLOBE NEWSWIRE) -- Integra Bank Corporation (NasdaqGM:IBNK - News ), parent company of Integra Bank N.A., confirmed that it has applied for participation in the...

Asian Sovereign Ratings Safe Despite Deposit Guarantees - BusinessWeek

Moody's says the fiscal positions of Hong Kong, Singapore, Malaysia, and Taiwan are secure and their moves to extend bank deposit guarantees should reassure depositors "Larger deposit guarantees do not affect sovereign ratings...

Moody's: Baltic currency devaluation is not likely

Moody's Investors Service doesn't expect the Baltic states of Estonia, Latvia and Lithuania to devalue their currencies, analyst Kenneth Orchard said, Bloomberg reports. The consequences would be catastrophic in the longer term...

Ashland shares hit low as Street reacts to buyout

NEW YORK - Shares of Ashland Inc. hit a low Tuesday as investors continued to push the stock down after the chemicals maker closed on its $2.4 billion buyout of Hercules. The stock fell $1.51, or 9 percent, to $15.17 in...

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