Asia shares slip, stimulus talk offers support

SYDNEY: Asian markets skidded again on Tuesday after Wall Street suffered its biggest one-day loss since the 2008 financial crisis, but the selling was restrained by hopes for coordinated policy action to quell the panic.

Speculation of more central bank rate cuts and possible fiscal stimulus saw U.S. Treasury yields edge up from historic lows, and oil prices paused after the steepest fall since the 1991 Gulf war.