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GLOBAL MARKETS-Asian shares down on Fed hike, Sino-US trade anxiety

CNBC

* Fed raised rates as expected, sees 2 more rate hikes this year * Concerns about U.S.-China trade war cast shadow * Dollar quickly loses steam after jump on Fed, focus on ECB TOKYO, June 14 (Reuters) - Asian shares edged down on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening for the rest of the year, while concerns about trade U.S.-China frictions kept investors on edge. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.25 percent in early trade. South Korea's KOSPI was off 0.9 percent, while Australia's market slipped 0.2 percent. Japan's Nikkei shed 0.7 percent. The Fed raised its benchmark