Asia shares slip as China's #Huawei in legal hot water; focus on Sino-US talks

Asianshares faltered on Tuesday and the dollar hovered near two-week lows as prospects for a Sino-US trade deal was dealt a blow after the United States charged Chinese telecom firm Huawei with bank fraud and for conspiring to steal trade secrets.

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.5 percent with Australia's benchmark index down 0.7 percent and South Korea's KOSPI off 0.6 percent.

Japan's Nikkei slid over 1 percent. US stock futures also lost ground following from a torrid overnight session on Wall Street, with E-Minis for the S&P 500 down 0.5 percent.

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