KiniBiz | Asian shares tumbled on Friday as investors sought out - TopicsExpress

KiniBiz | Asian shares tumbled on Friday as investors sought out safe-haven assets on growing fears that conflicts in Ukraine and the Middle East could sap global growth, extending losses after US President Obama said he had authorised air strikes in Iraq. Obama said in an address that he authorized targeted strikes to protect the besieged Yazidi minority and US personnel in Iraq, after the Iraqi government requested help. Read more here: kinibiz/story/markets/100524/obama-authorise-iraq-air-strikes-asian-shares-tumble.html

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