Smoke rises from an Israeli attack targeting the southern suburbs in Beirut, Lebanon on March 5, 2026.
Daniel Card | Getty Images
Asia-Pacific markets staged a late rebound on Friday, after Wall Street declined on worries over energy supplies.
Oil prices broke $80 per barrel overnight, but eased on Friday. Brent futures were down about 0.3% at $85.14. US West Texas Intermediate, which saw its biggest one-day gain since May 2020 on Thursday, was last down 0.53% at $80.58.
There is more uncertainty on the global trade front after New York Attorney General Letitia James and top prosecutors from 23 other states. President Donald Trump again sued to block his global tariff regime.
It comes after the US Court of International Trade ruled Thursday that the companies are entitled to a tariff refund from Trump’s duties, which were struck down by the Supreme Court.
South Korea Kospi After marking its best day since 2008 in the previous session, it reversed course to finish slightly higher at 5,584.87.
Small-cap Kosdaq rose 3.43% to 1,154.67. Kosdaq 150 futures rose 6% in early trade, triggering a five-minute buying freeze.
Defense heavyweight LIG Nex1 rose more than 9% after South Korean media reported that its air defense system was used to successfully intercept Iranian missiles fired at the United Arab Emirates.
of Japan Nikki 225 It rose 0.62% to 55,620.84, reversing earlier losses, while the Topix ended 0.39% higher at 3,716.93.
SoftBank is seeking a record $40 billion loan to finance its investment in OpenAI, a report said. shares SoftBank Group Corporation 1.6 percent increase.
Australia’s S&P/ASX 200 fell 1% to 8,851, dragged by basic materials stocks.
of Hong Kong Hang Seng Index It was up 1.69% in its last hour’s trade, extending gains from Thursday, while mainland China’s CSI 300 advanced 0.27% to 4,660.44.
India’s Nifty 50 was down 0.67%, while the BSE Sensex fell 0.73% at 1:55 pm local time (02:55 am ET).
Overnight in the US, all three major indexes fell, with the sell-off led by Boeing, Caterpillar and other names that stand to lose the most if the global economy slows.
The Dow Jones Industrial Average fell 1.61%, while the S&P 500 fell 0.56%. The tech-heavy Nasdaq Composite fell 0.26%.
—CNBC’s Sean Conlon and Pia Singh contributed to this report.
(tags to translate) Breaking News: Asia
