China shares higher
Mainland shares reversed losses in the final hour of trade to end 0.1 percent higher, snapping a three-day losing streak. Earlier, shares fell on fears of tight liquidity after four initial public offerings raised $290 million following Beijing's four month hiatus on offerings. The mood was also cautious ahead of HSBC's preliminary manufacturing data for June, due Monday.
Read MoreChina's economy is at a 'tipping point'
Infrastructure shares were among the biggest losers. Daqin Railway eased 0.4 percent while cement maker Anhui Conch dipped 0.6 percent.
Hong Kong's benchmark Hang Seng Index inched up 0.2 percent, snapping three days of losses.
ASX slips 0.9%
Australia's benchmark S&P ASX 200 index fell on profit-taking after Thursday's 1 percent rally. For the week, the index added 0.6 percent, ending three straight weeks of declines.
Gold miners rallied after prices of the yellow metal surged more than 3 percent to a two-month high overnight. Newcrest Mining jumped over 4 percent while Kingsgate Consolidated rallied nearly 7 percent.
Hotel operator Mantra Group closed two cents below its offer price in its market debut.