Asian markets settled mostly higher on Friday tracking Wall Street’s gains overnight after softer-than-expected November inflation data leaving potentially more room for the Fed to cut interest rates as the US job market slows, while blockbuster earnings from chip firm Micron helped soothe nerves over a tech bubble. Japanese shares gained, the yen weakened and Japan's 10-year government bond yield jumped to a 26-year peak after the Bank of Japan raised its key policy rate 25 bps to 0.75 percent as expected, its highest level since September 1995.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,890.45 | 14.08 | 0.36 |
| Hang Seng | 25,690.53 | 192.40 | 0.75 |
| Jakarta Composite | 8,609.55 | -8.65 | -0.10 |
| KLSE Composite | 1,665.90 | 19.00 | 1.15 |
| Nikkei 225 | 49,507.21 | 505.71 | 1.03 |
| Straits Times | 4,569.78 | -0.83 | -0.02 |
| KOSPI Composite | 4,020.55 | 26.04 | 0.65 |
| Taiwan Weighted | 27,696.35 | 227.82 | 0.83 |
