The pound dropped on Friday in Asia as elections in the U.K. ended in a hung parliament, with regional indexes closing mostly higher.
The Nikkei 225 jumped 104 points, or 0.5%, to 20,013.26
The Hang Seng Index retreated 32.77 points, or 0.1%, to 26,030.29
Shares of Japan's SoftBank Group surged 7.4% to close at 9,476 yen a share following news the company had acquired robotics companies Boston Dynamics and Schaft from Alphabet.
Meanwhile, shares of Man Wah resumed trading in Hong Kong today and regained losses made after short-seller Carson Block announced he was targeting the company earlier this week. The company also said in an announcement that Block's accusations were "groundless" and "false." Man Wah shares were up 8.6%.
Against the yen, the U.S. dollar strengthened to trade at 110.42 and the Australian/U.S. dollar traded mostly flat at $0.7537 U.S.
U.K. Prime Minister Theresa May's Conservative Party failed to win a clear majority at the end of the election, raising concerns over how Brexit negotiations will proceed in the weeks ahead. The Conservatives won 315 seats and the Labour Party had 261 seats.
Labour leader Jeremy Corbyn said May should step down after the snap election she called to strengthen her mandate ended up weakening it.
CHINA
The CSI 300 moved ahead 15.19 points, or 0.4%, to 3,576.17
In China, the consumer price index for May rose 1.5% on year, in line with expectations, but dipped 0.1% on month. Meanwhile, the producer price index reflected a 5.5% rise on year.
In other markets
In Taiwan, the Taiex index lost 26.13 points, or 0.3%, to 10,199.65
In Korea, the Kospi index gained 18.12 points, or 0.8%, to 2,381.69
In Singapore, the Straits Times Index added 17.14 points, or 0.5%, to 3,254.19
In New Zealand, the NZX 50 sank 22.57 points, or 0.3%, to 7,436.10
In Australia, the ASX 200 inched up 1.21 points, or 0.02%, to 5,677.80
