Wednesday's Asia ADR Recap

Stocks in India continued to slide lower Wednesday, off concerns over soaring food and fuel costs, skyrocketing inflation pressures, weak global cues and political uncertainty. Far East traders said the Indian equity markets are extremely nervous ahead of inflation data that is set to be released on Thursday.

Stocks from India making moves and news in the U.S. include Sterlite Industries(SLT Quote), Rediff.com(REDF Quote) and Tata Motors(TTM Quote).

Stocks in mainland China dropped Wednesday, marking the Shanghai Index the world's worst performing stock market on the year, on concerns that China's growth is slowing and the U.S. financial crisis could spread around the globe. Far East investors are worried that the problems at Fannie Mae(FNM Quote) and Freddie Mac(FRE Quote) could spill over into Asian banks that are rumored to have a large exposure to the U.S. real estate loan market.

Stocks from China making moves and news in the U.S. include Focus Media(FMCN Quote), Sohu.com(SOHU Quote), Trina Solar(TSL Quote) and Giant Interactive Group(GA Quote).

For the rest of the article, including detailed analysis of the latest activity surrounding these and other Chinese and Indian stocks, please click here.

Be sure, also, to check out the Far East Portfolio at Stockpickr.com every night.