A global bonds selloff deepened, while most Asian stocks fell and European equity index futures declined amid speculation major central banks are moving closer to reining in stimulus.
Ten-year bond yields in the U.S., Germany and Australia were near the highest levels since May, buoyed by expectations that the Federal Reserve will raise interest rates this year.
The MSCI Asia Pacific Index was little changed Friday and down 0.7 percent for the week.
Japan's Nikkei share average rose on Friday to a fresh six-month high as rising global bond yields helped financials, reflecting hopes of stepped up investments by financial institutions in overseas bonds amid Japan's low bond yield environment.
The Nikkei gained 0.6 percent to end at 17,446.41, the highest closing level since April 22. For the week, the benchmark index gained 1.5 percent.
China stocks dipped on Friday, as investors sifted through a slew of corporate earnings to assess China's economic health, with weakness in big-cap infrastructure stocks offsetting strength in financials.
The blue-chip CSI300 index fell 0.1 percent, to 3,340.13, while the Shanghai Composite Index lost 0.3 pct to 3,104.27 points.
For the week, both CSI300 and SSEC gained 0.4 pct, climbing for the third straight week.
Hong Kong shares slid to a two-month low on Friday, as sentiment was dampened by enhanced expectations the U.S. Federal Reserve would raise interest rates by the year-end.
The Hang Seng index fell 0.8 percent, to 22,954.81, while the China Enterprises Index lost 1.0 percent, to 9,515.32 points.
For the week, both HSI and HSCE lost 1.8 pct.
Reference: Bloomberg, Reuters
Thai
Eng