The Japanese yen was in focus amid growing speculation that the Bank of Japan is preparing to conduct another expensive market intervention and arrest the rapid decline in the currency.

Stock market indexes in China and Hong Kong struggled to advance amid worries of escalating trade tensions with the U.S. and the European Union and weakening domestic economic growth outlook.

Stock market indexes in Mumbai jumped more than 1%, and the rupee held firm near its record low as foreign investors continue to lower their holdings in India. 

Tokyo stock market indexes declined nearly 1% following Friday's losses in New York. Japan's core machinery orders unexpectedly fell in September.

China's regulatory agency stepped up pressures on banks to push stock prices above book value as investors avoid the sector amid the expectations of a rise in bad property loans. 

Market indexes halted 5-day declines after retail sales growth accelerated and new home price declines slowed in October. The Hang Seng index trimmed weekly losses to 6%, and the mainland-focused CSI index extended losses to 2%.

China and Hong Kong indexes rebounded as investors looked forward to the outcome of the standing committee of the People's National Congress on Friday.



Japan's indexes advanced for the second day in a row, and investors debated the impact of the U.S. policy change on international trade and security arrangements in Asia.

Stock market indexes in China and Hong Kong diverged as investors grappled with the likely win of Donald Trump in the U.S. presidential election.

Stock market indexes in Japan advanced following losses in three consecutive weeks. Yamaha Corp. and NH Foods dropped sharply after net income fell in the interim results. 

China and Hong Kong market indexes advanced for the second day in a row after a private survey of the service sector showed activities expanded at the fastest pace in three months.

The Standing Committee of the People's National Congress commenced its deliberation to decide the size and timing of fiscal measures needed to support the economic growth target rate.

Market indexes in Japan extended the day's losses following a sharp selloff in tech stocks, mirroring losses in Thursday's trading in New York. Panasonic reiterated its annual outlook. Lastertec reported weak quarterly results, and the semiconductor inspection equipment company said it will no longer provide quarterly estimates. 

The Bank of Japan left its key lending rate at 0.25% and adjusted its inflation and economic growth projects over the next three years.



China's manufacturing activities returned to growth in October after contracting for five consecutive months, the official survey showed. China Construction Bank, China Life, and ICBC advanced after the release of their quarterly results.

New home sales from leading developers returned to growth in October, the first monthly increase in 2024, following a raft of monetary measures and the relaxing of property purchase restrictions.