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Asia Markets: Asian markets retreat as uncertainty over U.S.-China trade deal grows

Asian shares were mostly lower Thursday as optimism about progress in trade talks between the U.S. and China started wearing off.

Japan’s benchmark Nikkei 225 NIK, -0.65% slipped 0.8% in early trading. Australia’s S&P/ASX 200 XJO, +0.29% edged up nearly 0.3% while South Korea’s Kospi SEU, -0.45% was slightly lower. Hong Kong’s Hang Seng HSI, -0.73% dipped 0.5% while the Shanghai Composite SHCOMP, +0.17% was about flat.

Among individual stocks, Renesas Electronics 6723, -14.62% plunged in Tokyo trading after a report that the chip maker will partially halt production for two months, citing a slowdown in demand from China.

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