Wednesday's Asia ADR Recap - TheStreet

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) - Get Report

,

Rediff.com

(REDF)

and

Tata Motors

(TTM) - Get Report

.

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) and

Freddie Mac

( FRE) 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),

Sohu.com

(SOHU) - Get Report

,

Trina Solar

(TSL)

and

Giant Interactive Group

(GA)

.

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.

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