Asian stocks closed mixed on Friday, with trade jitters weighing on Chinese shares while the dollar traded near its highest levels in around two weeks.
In Japan, the Nikkei 225 inched up 12.65 points, or 0.1%, to end the week at 22,525.18. Precision machinery makers, energy and automobiles rose, with Suzuki Motor up 8.6% after reporting strong earnings.
In Hong Kong, the Hang Seng gave back 38.24 points, or 0.1%, to 27,676.32, with the materials, consumer goods and services sectors falling by more than 2% before the market close.
Korean stocks strengthened, as the manufacturing sector, retailers and technology notched gains. Index heavyweight Samsung Electronics edged up by 0.4%.
Singapore lender UOB, meanwhile, reported net profit rose 28% to 1.08 billion Singapore dollars ($787 million) in the second quarter. The result topped an average forecast of S$993.9 million from two analysts. Shares inched lower by 0.1%
CHINA
In Shanghai, the CSI 300 dropped 55.68 points, or 1.7%, to 3,315.28, having pulled back by 5.9% over the week.
The cautious mood came amid an elevation in trade tensions between the U.S. and China. The Trump administration said that President Donald Trump had asked U.S. Trade Representative Robert Lighthizer to consider hiking proposed tariffs on $200 billion worth of Chinese imports from a previously announced 10% to 25%.
China responded on Thursday, saying that it was "fully prepared" to defend "the interests of the people ... [and] free trade."
The offshore yuan traded at 6.8964 to the dollar after slipping to a more than 14-month low overnight
In other markets
In Singapore, the Straits Times Index fell 20.59 points, or 0.6%, to 3,265.73
In Taiwan, the Taiex index restored 82.66 points, or 0.8%, to 11,012.43
In Korea, the Kospi index recovered 17.48 points, or 0.8%, to 2,287.68
In New Zealand, the NZX 50 recouped 15.36 points, or 0.2%, to 8,864.52
In Australia, the ASX 200 subtracted 6.08 points, or 0.1%, to 6,234.78
