financetom
Market
financetom
/
Market
/
Adani dollar bonds tumble after US bribery charges
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Adani dollar bonds tumble after US bribery charges
Nov 20, 2024 7:17 PM

SINGAPORE, Nov 21 (Reuters) - Dollar bond prices for

Adani companies fell sharply in early Asia trade after the

Indian conglomerate's billionaire chairman was indicted in New

York over allegations of bribery and fraud.

Prices for Adani Port and Special Economic Zone

debt maturing in August 2027 fell more than

five cents on the dollar, according to LSEG data.

Adani Electricity Mumbai debt maturing in February 2030 fell

nearly eight cents and dollar bonds issued by

Adani Transmission also notched falls larger than five cents.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TSX Sharply Lower -- Down 700 Points at Midday, Tech and Commodities Stocks The Worst Hit
TSX Sharply Lower -- Down 700 Points at Midday, Tech and Commodities Stocks The Worst Hit
Apr 3, 2025
12:23 PM EDT, 04/03/2025 (MT Newswires) -- The Toronto Stock Exchange is down 715 points as markets reel after the April 2 tariffs announcement by U.S. President Donald Trump. The tech sector, down 8%, is the biggest decliner, followed by miners, down 6.5%. Energy is also sharply lower, down 5.6%. RBC Economics in an overnight note said the U.S. reciprocal...
Dow Tumbles Over 1,100 Points; US Initial Jobless Claims Fall
Dow Tumbles Over 1,100 Points; US Initial Jobless Claims Fall
Apr 3, 2025
U.S. stocks traded lower this morning, with the Dow Jones index dipping more than 1,100 points on Thursday. Following the market opening Thursday, the Dow traded down 2.64% to 41,110.44 while the NASDAQ fell 4.15% to 16,870.74. The S&P 500 also fell, dropping, 3.14% to 5,492.92. Check This Out: Top 3 Tech And Telecom Stocks You’ll Regret Missing This Month...
US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand
US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand
Apr 3, 2025
(Reuters) -Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trump's sweeping tariffs plan sparked fears of weaker capital markets and a slowdown in consumer spending. Citigroup ( C/PN ) fell 11%, while Bank of America ( BAC ), Morgan Stanley ( MS ), Goldman Sachs ( GS ) and Wells Fargo ( WFC ) slipped...
US STOCKS-Wall Street plunges as Trump tariffs trigger recession fears
US STOCKS-Wall Street plunges as Trump tariffs trigger recession fears
Apr 3, 2025
* Apple ( AAPL ) leads decline among Big Tech * Retail stocks slump on Asia tariff worries * Wall St fear gauge hits 3-week high * Indexes down: Dow 2.6%, S&P 500 3.1%, Nasdaq 4.27% (Updates with market open prices) By Sruthi Shankar and Pranav Kashyap April 3 (Reuters) - U.S. stock indexes tumbled on Thursday, with heavyweight technology...
Copyright 2023-2026 - www.financetom.com All Rights Reserved