SINGAPORE --- Asian markets were broadly lower on Thursday as traders focused on tensions between the United States and China, and braced for the impact of their tariff hikes. The Shanghai Composite index retreated 0.6% to 2,873.70 and Hong Kong's Hang Seng tumbled 1.2% to 27,376.69. The Kospi in South Korea was 0.2% lower at 2,060.32. Australia's S&P ASX 200 fell 0.3% to 6,489.10. Shares slipped in Taiwan, Singapore and the Philippines but rallied in Indonesia. Japan's Nikkei 225 index lost 0.8% to 21,107.87, after a private survey suggested that manufacturing contracted in May. The Markit/JMMA flash purchasing managers' index fell to 49.6 in ...
Keep on reading: Asian shares slip as US-China spat takes center stage
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