Markets in Asia were lower across the board on Friday, while traders digested data showing China's home prices climbed and as a typhoon shut down the Hong Kong market and caused casualties and destruction in the Philippines and an earthquake struck Japan.
In Japan, the Nikkei 225 closed down 50.91 points, or 0.30 percent, at 17,184.59, following reports of a magnitude 6.6 earthquake that struck western Japan. Reports said a tsunami warning was not issued.
The yen, considered a safe haven, climbed after the reports, trading as high as 103.75 against the dollar, compared with an earlier low of 104.20. As of 3:30 p.m. HK/SIN, the dollar/yen pair traded at 103.89.
Typhoon Haima, the strongest storm to hit the Philippines in three years, killed at least a dozen people and flooded vast tracts of rice and corn fields in the country, before heading toward Hong Kong, reported Reuters.
The PSE index in the Philippines was down 0.82 percent in late-afternoon trade.
Market operator Hong Kong Exchanges and Clearing (HKEX) said Friday's trading sessions in the securities and derivatives markets were cancelled due to the typhoon.
Meanwhile, Chinese mainland markets finished mixed, with the Shanghai composite closing up 6.82 points, or 0.22 percent, at 3,091.28, while the Shenzhen composite slipped 7.82 points, 0.38 percent, to 2,052.56.
Government data showed property prices in China rose at the fastest pace on record in September, which prompted fears of a market bubble in the country. Reuters calculation of data from the National Bureau of Statistics showed property prices rose 11.2 percent on-year in September in 70 major cities.
Among mainland-listed property stocks, Vanke dropped 2.66 percent. Concerns about rising housing prices could spur authorities to take fresh cooling measures.