London (CNN Business) 1. Trump-Kim summit fizzles: Global stock markets dipped Thursday as investors reacted to negative economic data in Asia and the abrupt end of talks between the United States and North Korea.

Official survey data published by China showed the country's manufacturing sector weakened again in February, raising concerns about the slowdown in the world's second largest economy.

The collapse of nuclear talks between President Donald Trump and North Korean leader Kim Jong Un also contributed to the sour mood among investors, especially in South Korea.

South Korea's benchmark Kospi index closed down 1.8% after the summit in Hanoi ended without a joint agreement on North Korea's nuclear program.

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