Asian stocks retreated on Friday as traders took profits from shares close to one-year highs, while the dollar edged up from a near eight-week low after some Federal Reserve officials reiterated the case for raising interest rates in coming months.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS pulled back 0.5 percent.
Japan's Nikkei share average edged higher on Friday as the strong yen trend paused, soothing investors, but gains were limited as many stayed cautious before next week's global meeting of central bankers.
The Nikkei rose 0.4 percent to 16,545.82. For the week, the benchmark index fell 2.2 percent, as investors rushed to the exit when the dollar dropped below 100 yen this week.
China blue-chip CSI300 index shed early afternoon losses and finished flat on Friday, giving it a gain of 2.1 percent for the week.
The CSI300 index, which tracks the largest listed companies trading in Shanghai and Shenzhen, ended at 3365.02, while the Shanghai Composite Index gained 0.1 percent at 3108.10 on Friday.
Hong Kong shares finished lower on Friday as investors are cautious about the coming central bank chiefs' meeting in Wyoming..
The Hang Seng Index fell 0.4 percent, to 22,937.22, while the China Enterprises Index lost 0.5 percent, to 9,606.17 points
Reference: Reuters
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