Asia markets dip as Trump rally takes a break

The rally in Asian markets petered out Thursday, while the dollar also dipped as investors brushed off another record Wall Street close and upbeat US data to cash in profits. Another positive assessment of the US economy and reassurance over tax reform from President Donald Trump was not enough to spur further buying in Asia after the past week's rally. Also, Trump said Wednesday he would release specifics on his new tax plan in the "not-too-distant future", adding it will be "good and simpler".