Andrew Gillan of Janus Henderson Investors says he likes markets in the Philippines and Indonesia, and explains why it's difficult to invest in Vietnam despite its...Investingread more
China has other "weapons" in its trade battle with the United States — and selling off its U.S. Treasury holdings will not be one of them, said Richard McGregor, senior fellow...China Economyread more
Deutsche Bank Wealth Management's global chief investment officer predicted the Federal Reserve will cut interest rates twice in the next 12 months, but chances of a four-time...US Economyread more
Google's services have been blocked in China for several years, but the company still has businesses there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
Germany online bank N26 said it raised a huge $170 million in additional funding, valuing the six-year-old fintech start-up at $3.5 billion.Technologyread more
Stocks in Asia traded lower on Thursday afternoon. Australia's jobs data showed the net number of jobs created was far below expectations.Asia Marketsread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.Technologyread more
Property price gains across the wider U.K. have been slowing since 2016, according to the U.K.'s Office for National Statistics.Real Estateread more
The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and...World Economyread more
Asia Pacific markets mostly traded higher on Friday as investors reacted to the Bank of Japan's monetary policy decision as well as an overnight vote from U.K. lawmakers that could potentially delay its exit from the European Union.
In Japan, the Nikkei 225 retraced some of its gains but still rose 0.77 percent to 21,450.85 while the Topix index added 0.9 percent to 1,602.63. South Korea's Kospi was 0.95 percent higher at 2,176.11 and Hong Kong's Hang Seng index climbed 0.82 percent.
Chinese mainland shares also traded higher: The Shanghai composite was up 1.04 percent at 3,021.75 while the Shenzhen composite added 1.42 percent to 1,641.37.
Chinese Premier Li Keqiang said Friday that Beijing will remain supportive of the Chinese economy as it faces new pressures on growth. He was speaking with reporters after the closing ceremony at the annual National People's Congress.
Australia's was near flat at 6,175.20 as the heavily weighted financial subindex fell 0.23 percent.
The Bank of Japan kept its monetary policy steady on Friday in a widely expected move. The short-term interest rate will remain at minus 0.1 percent. The central bank said it will purchase Japanese government bonds so that the 10-year JGB yields will remain at around zero percent. Bond yields move inversely to price.
In its policy statement, the BOJ offered a relatively weak assessment of the Japanese economy and predicted it will "continue its moderate expansion, despite being affected by the slowdown in overseas economies for the time being."
Low inflation has forced the Bank of Japan to stick with a massive stimulus program despite rising costs.
The traded relatively flat at 111.67 to the dollar at 3:02 p.m. HK/SIN after weakening from levels near 111.00 earlier in the week.
Next week, four other Asian central banks are set to meet: Thailand, Taiwan, Philippines and Indonesia.
"While we expect all of them to stand pat on rates next week, the market will be scrutinising their policy statements and tone," analysts at ANZ Research said in a morning note, adding, "We have maintained that the dovish turn of the US Federal Reserve, coupled with underwhelming inflation in Asia, will open the door to monetary easing in the region."
The Fed is also due to meet next week.
Chinese negotiators, meanwhile, have suggested combining a long-discussed state visit by President Xi Jinping to the U.S. with the announcement of any forthcoming agreement — they also said Beijing wants a deal to be fully ironed out before Xi sat down with Trump.
For his part, Li on Friday did not disclose details on the latest progress of the trade talks. He emphasized that the United States and China remained in close discussions, and expressed confidence that both sides had enough wisdom to diffuse tensions.
On Thursday, U.K. lawmakers voted in favor of seeking a delayed departure from the European Union by at least three months. The vote was nonbinding, however, and the EU will have to agree to a delay. Brussels, for its part, has already said the U.K. needs to justify requesting such an extension beyond the current Mar. 29 deadline.
British Prime Minister Theresa May has already indicated that she will bring her much-maligned Brexit deal back in front of Parliament next week for another vote.
The British pound traded at $1.3253 at 3:08 p.m. HK/SIN after reaching a nine-month high of $1.3380 on Wednesday.
Friday's session in Asia followed a mixed day on Wall Street where the S&P 500 and Nasdaq Composite closed lower for the first time in four days.
The dollar index, which measures the greenback against a basket of its peers, last traded at 96.646 after declining from levels above 97.500 in the previous week.
— Reuters and CNBC's Evelyn Cheng contributed to this report.