Asia-Pacific markets staged a late comeback on Friday, after Wall Street declined on worries over energy supplies.
In Japan, the Nikkei 225 gained 342.78 points, or 0.6%, to 55,620.84.
In Hong Kong, the Hang Seng jumped 435.95 points, or 1.7%, to 25,757.92.
A report said SoftBank was seeking a record $40-billion loan to finance its investment in OpenAI. Shares of Softbank Group Corp climbed 1.6%.
More uncertainty was also seen on the global trade front after New York Attorney General Letitia James and the top prosecutors of 23 other states once again sued to block President Donald Trump’s global tariff regime.
This comes after the U.S. Court of International Trade had ruled Thursday that companies were entitled to tariff refunds from Trump’s duties that were struck down by the Supreme Court.
Defense heavyweight LIG Nex1 rose more than 9%, after South Korean media reported its air defense systems were used to successfully intercept Iranian missiles launched at the United Arab Emirates.
In other markets
The CSI 300 gained 12.75 points, or 0.3%, to 4,660.44
In Singapore, the Straits Times Index edged up 1.69 points to 4,848.25.
In Taiwan, the Taiex index slid 73.4 points, or 0.2%, to 33,599.54.
In Korea, the Kospi notched 0.97 points higher to 5,574.87
In Australia, the ASX ditched 98.54 points, or 0.7%, to 8,851.
In New Zealand, the NZX 50 shed 98.54 points, or 0.7%, to 13,617.89.
