HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose for the first time in six days on Friday after a rebound on Wall Street overnight, but ended the week lower amid lingering concern over global trade relations and rising borrowing costs in the U.S.
The Nikkei Asia300 Index added 0.8% to 1,408.13 on Friday. For the week, the gauge dropped 1.4% as rising bond yields in the U.S. clouded investor sentiment, with the yield on the 10-year Treasury note breaching 3% for the first time since 2014. Markets await the U.S. Federal Reserve's policy review next week for cues on further interest-rate increases even as the central bank is widely expected to stand pat at the meeting.
