The Traderszone Network

Published in TZ Latest News 25 March, 2015 by The TZ Newswire Staff

Asia shares skid; oil climbs on Yemen escalation

Asian shares slipped on Thursday as tensions in the Middle East and losses on Wall Street soured sentiment, while the dollar’s bull run looked to have stalled for the time being. Risk appetite took a knock from news Saudi Arabia and its Gulf Arab allies had launched air strikes in Yemen against Houthi fighters who have tightened their grip on the southern city of Aden.