Asian equities rose, set for a second week of gains, as Japanese shares halted a three-day losing streak and South Korean stocks advanced the most in more than four months. Shares in Hong Kong rebounded from the worst loss in almost two weeks.
The MSCI Asia Pacific Index added 1 percent to 177.76 as of 4:18 p.m. in Hong Kong, erasing a weekly decline as energy stocks led the advance. Jitters over the outlook for equities abated as investors digested the prospect of higher interest rates that pushed the 10-year Treasury bond yield to a four-year high earlier this week.
Source : Bloomberg