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| Asian shares trade mixed on positive US data | Asian shares trade mixed on positive US data |
| (about 3 hours later) | |
| Asian shares had a mixed day on Friday after better-than-expected economic data from the US. | Asian shares had a mixed day on Friday after better-than-expected economic data from the US. |
| US industrial production in September rose 1% and weekly jobless claims dropped to a 14-year low, easing fears of slowing growth. | US industrial production in September rose 1% and weekly jobless claims dropped to a 14-year low, easing fears of slowing growth. |
| Federal Reserve members also suggested the central bank could extend its bond-buying programme to provide a boost. | Federal Reserve members also suggested the central bank could extend its bond-buying programme to provide a boost. |
| Japanese shares closed at a five-month low as business confidence in October fell to its lowest in 18 months. | Japanese shares closed at a five-month low as business confidence in October fell to its lowest in 18 months. |
| The Nikkei 225 was down 1.4% at 14,532.51, its worst closing figure since May. | The Nikkei 225 was down 1.4% at 14,532.51, its worst closing figure since May. |
| The Reuters Tankan survey added to further evidence that policymakers in Japan might have to introduce more stimulus measures to boost the economy after a sales tax rise. | The Reuters Tankan survey added to further evidence that policymakers in Japan might have to introduce more stimulus measures to boost the economy after a sales tax rise. |
| Greater China shares | Greater China shares |
| Hong Kong shares made modest gains as upbeat US data was offset by continuing worries about the global economy. | Hong Kong shares made modest gains as upbeat US data was offset by continuing worries about the global economy. |
| The benchmark Hang Seng Index closed up 0.5% at 23,023.21 points. | |
| In China, the Shanghai Composite closed down 0.6% at 2,341.43 points. Investors are waiting for third-quarter economic figures from China due next week. For the week, the benchmark Shanghai composite shed off 1% and that is the biggest weekly decline since the middle of June. | |
| In Australia, shares on the benchmark S&P/ASX 200 ended the Friday session higher by 0.3% to close at 5,271.70. | |
| Shares of the world's biggest mining company, BHP Billiton, were up 0.2% after it announced that it would list a planned spin-off company in London next year, as well as in Australia and South Africa. The move was aimed at appeasing investors as it tries to focus on its most profitable operations. | Shares of the world's biggest mining company, BHP Billiton, were up 0.2% after it announced that it would list a planned spin-off company in London next year, as well as in Australia and South Africa. The move was aimed at appeasing investors as it tries to focus on its most profitable operations. |
| Shares of Singapore-listed Tiger Airways were down more than 7% - a record low - at one point after it posted a second-quarter loss and agreed to sell its remaining 40% stake in Tiger Australia to Virgin Australia for one Australian dollar (54p; 87c). | Shares of Singapore-listed Tiger Airways were down more than 7% - a record low - at one point after it posted a second-quarter loss and agreed to sell its remaining 40% stake in Tiger Australia to Virgin Australia for one Australian dollar (54p; 87c). |
| In South Korea, shares closed lower, with the Kospi dipping below 1,900 in late trade for the first time since February. | In South Korea, shares closed lower, with the Kospi dipping below 1,900 in late trade for the first time since February. |
| The benchmark Kospi was down 1%, with shares of LG Display falling as much as 5% after the company said television sales were weak in the recent holiday season in China. | The benchmark Kospi was down 1%, with shares of LG Display falling as much as 5% after the company said television sales were weak in the recent holiday season in China. |