Stocks fall, Australia dollar up on debt deadlock (Reuters)

Workers are seen around the 2nd cesium adsorption systems which are to be installed to treat highly radioactive water pooled at Tokyo Electric Power Co's (TEPCO) Fukushima Daiichi nuclear power plant in Fukushima prefecture, northern Japan, July 26, 2011. The March 11 earthquake and tsunami knocked out the Fukushima nuclear power complex operated by TEPCO, triggering the world's worst nuclear disaster in 25 years and delaying the restart of reactors amid heightened safety concerns.   REUTERS/Tokyo Electric Power Co/Handout (JAPAN - Tags: DISASTER POLITICS ENERGY) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. MANDATORY CREDITReuters – Asian stocks slid more than 1 percent in thin volume on Thursday as investors trimmed positions with just three trading days to go before a deadline to lift the U.S. debt ceiling, while the Australian dollar showed resilience in the face of global sovereign risks.

Yahoo! News: Business News

Leave a Reply

Your email address will not be published. Required fields are marked *