Asian emerging market equities drifted lower on Thursday as U.S. President Donald Trump's new auto tariffs weighed on automakers in South Korea, while stocks in Southeast Asia hit a more than two-week high led by Malaysia and Singapore.
South Korean stocks declined 1%, dragged lower by sharp losses in Hyundai Motor and Kia Corp . Taiwan's benchmark hit an more than two-week low, with top contract chipmaker TSMC down 1.7%.
