Asian shares edged up on Thursday, buoyed by resource shares, while the dollar was on the defensive after Fed Reserve`s latest policy meeting suggested the possibility of more stimulus measures for the US economy.
Asian stocks rose on Thursday led by gains in technology shares, while the US dollar edged further away from recent peaks after an unexpected drop in US home sales cooled optimism about the economic recovery.
Asian markets were mixed on Monday, with a weaker yen lifting Japanese stocks to a six-week high, while a drop in the US unemployment rate failed to spur buying in a region that has rallied massively this year.
Japan`s Nikkei stock average closed above 10,000 on Friday for the first time in five weeks and rose 10.4 percent on the week, its biggest weekly gain in more than a year, with exporters such as Canon Inc rising.
Japan`s Nikkei stock average rose 1.4 percent to hit its highest close in 10 months on Wednesday after US data strengthened hopes for an economic recovery, but trade was cautious ahead of an August 30 election in Japan.
Most Asian stock markets edged higher on Friday, keeping a wary eye on volatile Chinese shares, while currency traders went on the defensive after a wild see-saw week and mixed US economic data, bidding up the safe-haven yen.