Asian stocks mostly trod in positive territory on Friday, as easing concerns about U.S.-China tensions and clarifications that Chinese regulatory crackdown on gaming companies were not as harsh as originally reported, lifted sentiment in the region. Hang Seng's Hang Seng Index led the region's rally with a gain of 1.9 percent.
China's Shanghai Composite Index managed to gain 0.3 percent over previous close to end trading at 3,703.11, as sentiment was supported by news of a conversation between the presidents of the U.S. and China.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.