Asia stocks traded lower Thursday morning following a report that an anticipated “phase one” trade deal between the U.S. and China may not be inked by the end of 2019.
Japan's Nikkei 225 slipped 0.24% in early trade, with shares of Tokyo Electron falling more than 2%. The Topix index was slightly lower. In South Korea, the Kospi shed 0.19%.
Meanwhile, Australian stocks declined in morning trade, with the S&P/ASX 200 shedding around 0.5%.
Overall, the MSCI Asia ex-Japan index traded 0.16% lower.
Market reaction to overnight developments on U.S.-China trade will be watched.
Source : CNBC