International Business News - HDB http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Indian markets fell 3.03 percent Tuesday, as fears that a U.S. government rescue package for Wall Street would not stem a global slowdown depressed markets across the region. http://www.ibtimes.com/articles/20080923/indian-market-closes-down-3-percent.htm Tue, 23 Sep 2008 09:44:58 EDT India's benchmark Sensex index rose 484.64 points, or 3.64 percent, to 13,800.24 in early trading, as markets around the region soared on Wall Street's rally and news of a possible U.S. rescue package. http://www.ibtimes.com/articles/20080919/indian-equity-market-surges-on-regional-rally.htm Fri, 19 Sep 2008 04:18:36 EDT India's benchmark index has fallen more than 5 percent in early trading, tracking declines across the region as investors worry the financial crisis unfolding in the U.S. could spread. http://www.ibtimes.com/articles/20080918/indian-stock-index-plunges-over-5-percent.htm Thu, 18 Sep 2008 05:58:00 EDT Indian stocks plunged Monday amid anxiety about the global financial system on news of Lehman Brothers' bankruptcy and the takeover of Merrill Lynch. The benchmark Sensex index closed down 469 points, or 3.35 percent, at 13,531 after sinking more than 5 percent earlier. http://www.ibtimes.com/articles/20080915/indian-stocks-plummet-on-global-financial-turmoil.htm Mon, 15 Sep 2008 07:19:57 EDT American Depositary Receipts of Asian financial institutions traded mixed Thursday, despite investors' concerns about the health of the financial sector in the U.S. http://www.ibtimes.com/articles/20080710/adrs-in-focus-asian-banks-rise.htm Thu, 10 Jul 2008 15:22:44 EDT U.S.-traded shares of Indian companies rose Wednesday, despite a decline on Wall Street after supply concerns caused the price of oil to spike. The Bank of New York Mellon India ADR Index advanced 17.08 points, or 2 percent, to 860.21. The index has declined about 29 percent so far this year. http://www.ibtimes.com/articles/20080709/adrs-in-focus-india-adrs-rise.htm Wed, 09 Jul 2008 15:13:59 EDT Shares of Indian companies listed on U.S. exchanges rose on Wednesday, bucking the trend on Wall Street and in Asia as investors reacted to a spike in oil prices. http://www.ibtimes.com/articles/20080702/adrs-in-focus-indian-stocks-rise.htm Wed, 02 Jul 2008 15:25:41 EDT Shares of Indian companies listed on U.S. exchanges traded mostly lower and some set lows on Friday as investors reacted to a spike in oil prices that sent Asian stock markets tumbling. http://www.ibtimes.com/articles/20080627/adrs-in-focus-indian-stocks-head-lower.htm Fri, 27 Jun 2008 14:35:07 EDT American Depositary Receipts of Asian banks and financial companies declined on Thursday following a surge in oil prices and inklings of trouble in the financial sector. http://www.ibtimes.com/articles/20080626/adrs-in-focus-asian-banks-decline.htm Thu, 26 Jun 2008 15:24:49 EDT Shares of Indian companies trading on U.S. exchanges rose Wednesday after the Asian nation's central bank confirmed it boosted key interest rates in a defensive move against inflation. http://www.ibtimes.com/articles/20080625/adrs-in-focus-india-index-up-after-rate-change.htm Wed, 25 Jun 2008 14:05:53 EDT American Depositary Receipts of Asian banks and financial companies declined on Thursday as concerns about tight credit lingered following profit declines at major U.S. investment banks. http://www.ibtimes.com/articles/20080619/adrs-in-focus-asian-banks.htm Thu, 19 Jun 2008 15:12:54 EDT U.S.-traded shares of Asian financial institutions slipped Wednesday, following Wall Street lower as oil prices rebounded sharply to surge above $136 a barrel on the New York Mercantile Exchange. http://www.ibtimes.com/articles/20080611/adrs-in-focus-asian-banks.htm Wed, 11 Jun 2008 13:46:01 EDT U.S.-traded shares of banks based in Asia and Australia traded sharply lower on Monday, taking a cue from their U.S. counterparts following personnel shake-ups at two major financial institutions. http://www.ibtimes.com/articles/20080602/adrs-in-focus-asian-banks-decline.htm Mon, 02 Jun 2008 16:08:44 EDT American Depositary Shares of Asian banks and financial companies declined, following weakness in the United States, after an analyst forecast more weakness in the credit markets. http://www.ibtimes.com/articles/20080520/adrs-in-focus-asian-banks.htm Tue, 20 May 2008 14:17:06 EDT All but two Indian ADR dropped in Tuesday trading after explosions in the city of Jaipur killed at least 60 and the South Asian nation's leaders put parts of the country on high alert. http://www.ibtimes.com/articles/20080513/adrs-in-focus-indian-shares-drop-after-explosions.htm Tue, 13 May 2008 15:53:31 EDT Shares of U.S.-traded banks based in Asia were mixed on Tuesday, after St. George Bank agreed to a $17.5 billion takeover offer from Westpac Banking Corp., creating Australia's largest bank. http://www.ibtimes.com/articles/20080513/adrs-in-focus-asian-banks-mixed-on-m-a.htm Tue, 13 May 2008 14:22:13 EDT An index of ADRs based in India surged with the U.S. markets during afternoon trading Thursday, even after an exchange in Mumbai closed flat in overnight trading. http://www.ibtimes.com/articles/20080424/adrs-in-focus-india-index-surges-with-us-markets.htm Thu, 24 Apr 2008 15:24:11 EDT Asian banking and financial ADRs were mixed Monday, after Bank of America Corp. posted weaker-than-expected profit for the first quarter. Investors seemed doubly cautious about extending last week's gains on the news and after smaller, regional bank National City Corp. posted a $171 million first-quarter loss and lowered its dividend. http://www.ibtimes.com/articles/20080421/adrs-in-focus-banking-and-financial-adrs-mixed.htm Mon, 21 Apr 2008 15:38:36 EDT A nearly 10 percent jump in fourth-quarter profit and strong outlook from Infosys Technologies Ltd. helped fuel a surge of Indian ADRs Tuesday and raised hopes the U.S. economic crunch's effects on ... http://www.ibtimes.com/articles/20080415/adrs-in-focus-india-index-up-after-infosys-profit-outlook.htm Tue, 15 Apr 2008 14:43:36 EDT Indian shares dropped sharply Monday morning amid worries of deepening weakness in the global financial system. The Bombay Stock Exchange's benchmark 30-stock Sensex fell 746 points, or 4.7 percent, to 15,015 points within an hour of opening. At one point, it fell to 14,992 points, falling below the 15,000 mark for the first time since last August. http://www.ibtimes.com/articles/20080317/indian-shares-dive-4-percent.htm Mon, 17 Mar 2008 01:17:31 EDT