Asian markets end mostly lower on Friday

Asian markets ended mostly lower on Friday, as a rally in oil prices reversed. The Organisation for Economic Co-operation and Development (OECD) cut its global growth forecasts and the minutes of the European Central Bank's January meeting showed growth and inflation risks are on the rise in the euro area, too weighed on Asian shares. Japanese shares ended lower on the yen's appreciation that triggered selling of export-linked issues amid weak sentiments brought by declines in the overnight US market. China's shares inched down as the People's Bank of China said it would intervene daily to influence the money supply. Hong Kong stocks tracked global markets lower as energy shares pulled back.