Nyshka Chandran writes the Asia-Pacific stock market updates for CNBC.com. She previously worked as a content writer in Toronto after graduating from the University of Toronto, where she majored in Political Science.
Follow Nyshka on Twitter: @NyshkaCNBC
Asian stocks closed mostly higher on Friday, tracking gains in global equity markets as upbeat manufacturing data offset fears about a reduction in U.S. monetary stimulus but Chinese shares bucked the trend ahead of earnings results next week.
Asian stocks tracked declines in global equity markets on Thursday on fears over a looming withdrawal of U.S. stimulus but a better-than-expected manufacturing report in the mainland helped pare earlier losses.
Asian equity markets tracked Wall Street's fall on Tuesday on concerns when the Federal Reserve might start to pare back its asset purchases.
Asian stocks kicked off the week on a mixed note with China and Japan leading gains but pessimism over Wall Street's losing streak and rising U.S. yields weighed on sentiment.
China's benchmark index reversed course for a second time on Friday to close down 0.6 percent following an earlier spike of 5.6 percent that propelled the index to two-and-a-half-month highs.
Asian equity markets ended mixed in thin trade on Wednesday after strong global economic data triggered fears of an early end to U.S. stimulus.
Australia is the world's most expensive destination for foreign students, but thanks to a weakening currency, the popular venue is set to become more affordable.
Asian equity markets ended at session highs on Tuesday with Japan's benchmark index leading gains by 2.6 percent as the yen weakened on news of corporate tax cuts.