ADR Shares End Higher; Rio Tinto Shares Trade Actively

International stocks trading in New York closed higher Monday, with the Bank of New York index of American depositary receipts adding 0.8% to 155.25. The European index rose 0.7% to 150.91, the Asian index climbed 0.8% to 154.91, the Latin American index jumped 1.2% to 304.22 and the emerging-markets index rose 1.3% to 310.47. Among the companies with shares that actively traded were Rio Tinto PLC (RIO, RIO.LN)

Anglo-Australian miner Rio Tinto said it was reviewing its options for its controlling stake in Bougainville Cooper Ltd., the mining company that owns the Panguna mine in Bougainville, Papua New Guinea, after the government passed new mining laws that may strip the company of its lease on the site. Shares edged up 0.5% to $57.61.

Deutsche Bank AG (DB, DBK.XE) has poached a senior Goldman Sachs Group Inc. (GS) technology executive to become the chief information officer for its Americas business, as the German lender works to overhaul its technology and compliance procedures. Richard Shannon will join Deutsche Bank's New York business in October to support the bank's compliance and regulatory technology initiatives. Deutsche Bank shares edged up 0.2% to $33.01.

WSP Holdings Ltd. (WH), a Chinese manufacturer of tubing and drill pipes used in oil and natural-gas exploration, said it received last month a notice of failure to satisfy continued listing standards for the New York Stock Exchange, as the company's American depositary shares were less than $1.00 a piece over a trading period of 30 consecutive days. The company said it wishes to return to conformity with the listing standards, but said it believes that restoring compliance would involve substantial restructuring of the company's business and strengthening of its balance sheet. Shares fell 6.3% to 75 cents.

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