This is C온라인카지노사이트's live blog covering Asia-Pacific markets.

Asia-Pacific markets were mixed Friday as investors parsed Japan's latest gross domestic product figures and awaited a slate of other economic data from the region.

Japan's benchmark traded flat to close at 37,753.72 while the Topix added 0.05% to end the trading day at 2,740.45 after 0.2% quarter-on-quarter for the three months ended March. Economists polled by Reuters had estimated a 0.1% economic contraction from the prior quarter.

The data comes at a time when the country is locked in trade negotiations with the U.S., with initial talks between both sides not yielding a conclusive deal so far.

A weak outcome for Japan's GDP can weigh on the Bank of Japan's rate hike pricing and push USD/JPY up towards resistance at 148.13, Commonwealth Bank of Australia wrote in a note. The Japanese yen is currently trading at 145.52 against the greenback.

Australia's benchmark S&P/ASX 200 added 0.56% to close at 8,343.7. South Korea's closed 0.21% higher at 2,626.87 while the small-cap Kosdaq lost 1.11% to close at 725.07.

India's declined 0.26%.

Hong Kong's slipped 0.43% while mainland China's CSI 300 dipped 0.46% to close at 3,889.09.

U.S. stock futures near the flatline after the S&P 500 posted a four-day rally on the back of U.S. and China's temporary tariff cuts and encouraging inflation reports.  added 32 points, or 0.08%.  slipped 0.03%, while  futures inched down 0.07%.

Overnight stateside, the three major averages closed mixed. The  climbed for a fourth session, adding to this week's rally after the U.S. and China agreed to temporarily slash tariff rates. The broad market index rose 0.41% to end at 5,916.93, while the  added 271.69 points, or 0.65%, and closed at 42,322.75.

The  underperformed, slipping 0.18% and settling at 19,112.32.

— C온라인카지노사이트's Brian Evans and Scott Schnipper contributed to this report.

Japan assets saw record inflows in April as investors fled U.S. markets — their promise still holds

Japan saw record foreign inflows into its equities and long-term bonds in April as investors fled U.S. markets following President Donald Trump's trade salvo against friends and foes alike.

 bought 8.21 trillion yen ($56.6 billion) worth of equities and long-term bonds in April, according to government data. The net inflows were the largest for a calendar month since Japan's finance ministry started collecting data in 1996, according to Morningstar.

"Trump tariff shocks likely changed global investors' outlook on the U.S. economy and asset performance, which likely led to diversification away from the U.S. to other major markets including Japan," said Yujiro Goto, Nomura's head of FX strategy in Japan.

Read the full story .

—Lee Ying Shan

Shares of Bharti Airtel fall after Singtel announces it sold 1.2% of direct stake

Shares of Indian telecommunications firm  fell 2.53% after Singapore Telecommunications $2 billion SGD ($1.54 billion) worth of Bharti Airtel shares.

Singtel's effective stake in Bharti Airtel will decrease from 29.5% to 28.3% upon the , the company statement read.

—Lee Ying Shan

Goldman Sachs lifts outlook for Asian stocks as trade tensions thaw

Goldman Sachs lifted its 12-month price target for Asian stocks, pointing to improved growth prospects and thawing U.S.-China trade tensions.

The bank revised its forecast for the MSCI Asia-Pacific ex-Japan index, setting a new target of 660 compared to the earlier 620.

"A more constructive tariff backdrop suggests flat returns over the coming three months rather than a drawdown, but the upside may be constrained by continuing uncertainty over where tariffs will settle," Goldman Sachs' strategists, led by Timothy Moe, wrote in a note.

The firm also upgraded its global equity outlook to neutral, reversing its earlier underweight position.

—Lee Ying Shan

Alibaba shares listed in Hong Kong fall over 5% after profit miss

shares listed in Hong Kong fell 5.5% on Friday after the for its fiscal fourth quarter on both the top and bottom line.

This is how Alibaba did in its fiscal fourth quarter ended March versus LSEG estimates:

• Revenue: 236.5 billion Chinese yuan ($32.6 Billion), versus 237.2 billion yuan expected
• Net income: 12.4 billion yuan, compared 24.7 billion expected.

While falling short of analyst expectations, revenue was nevertheless up 7% year-on-year.

Alibaba's net income was also still 279% higher year-on-year, off a low base. Alibaba said it saw some losses as a result of the disposal of some of its subsidiaries, which was offset by an increase in income from operations and changes to valuations of its equity investments.

—Arjun Kharpal, Lee Ying Shan

SIA shares dip slightly as airline sees record earnings, but lower operating profit

Shares of Singapore Airlines fell 0.58% Friday after it posted a record full-year profit for its financial year ended March.

Singapore's flag carrier — in 2024 — posted a record net profit of 2.78 billion Singapore dollars ($2.14 billion), up 3.9% year-on-year and beating LSEG's mean estimates of SG$2.25 billion.

However, this was due to a non-cash accounting gain of about SGD 1.1 billion, following the completion of the Air India-Vistara merger in November 2024. SIA holds a 25.1% stake in the combined entity.

Operating profit plunged 37.3% year-on-year to SGD 1.71 billion, while revenue recorded a 2.8% rise to a record SG$19.54 billion.

SIA explained that the fall in operating profit was due to lower yields from stiffer competition.

— Lim Hui Jie

Japan’s economy contracts by a more than expected 0.2% from prior three months

Japan's economy contracted 0.2% quarter-on-quarter for the three months ended March, a sharper fall than expected, preliminary government data showed Friday.

Economists polled by Reuters had expected a 0.1% contraction.

On an annualized basis, Japan's GDP contracted 0.7% in the first quarter, also more than the 0.2% fall expected by the Reuters poll.

Read the full story .

—Lim Hui Jie

S&P closes higher for fourth day

The S&P 500 closed higher for a fourth time on Thursday, aided by a soft inflation report and a drop in Treasury yields.

The broad market index added 0.41% to close at 5,916.93, while the Nasdaq Composite slipped 0.18% to 19,112.32. The Dow Jones Industrial Average added 271.69 points, or 0.65%, to finish the session at 42,322.75.

— Brian Evans

The bond market is at odds with optimism seen in equities, economist says

Fixed income investors are seeing a more concerning outlook than what the stock market is implying as Treasury yields remain stubbornly high, according to RSM chief economist Joseph Brusuelas.

"Given the risks to the economy—a recession is still a coin flip this year—and recovery in the equity markets, bond yields should be falling," Brusuelas wrote in a Thursday note. "They are not, and that is because fixed-income investors are sniffing out the logic of economic populism amid a move toward trade protectionism, which strongly implies higher inflation and rising long-term yields."

"Should Congress approve a large tax cut that is not paid for, don't be surprised if the bond market pushes yields back toward mid-April highs, which captured the pushback against the trade conflict," he added.

— Brian Evans