The yield on 10-year Japanese government bonds advanced to a sixteen-year high after BOJ Governor Ueda reiterated the central bank's commitment to keep raising rates if economic projections are met.

Benchmark indexes in mainland-China and Hong Kong traded in a tight range, and investors lacked urgency amid elevated trade and geopolitical uncertainties.

Benchmark indexes in China and Hong Kong continued to slide amid valuation worries. Xiaomi Corp. completed its secondary offering. BYD and BYD Electronics reported strong financial results.

Japan's weakness in manufacturing activities overshadowed the private sector activities in March. Stock market indexes edged lower for the third consecutive day in a row.

Benchmark indexes in China and Hong Kong lacked direction after falling sharply in the previous week, and investors are bracing for the next round of U.S. tariffs.

Benchmark indexes in Japan logged positive returns in a holiday-shortened week of trading. Consumer price inflation eased in February, but persistent skilled labor shortages and falling yen supported underlying inflation.

China and Hong Kong indexes trimmed this year's gains after a week of choppy trading ahead of new U.S. tariffs and a lack of progress in reviving property market transactions.



The People's Bank of China held its loan prime rates steady, and investors shifted their focus to annual results from Ping An Insurance and Tencent Holdings.

The Bank of Japan held its short-term interest rate steady and cited an uncertain trade outlook for the export-driven economy. Japan's exports rebounded in February as customers front-loaded ahead of a possible increase in trade tariffs.

China investors prepared to review a flood of corporate results this week amid high expectations of earnings growth from leading companies including Ping An Insurance, Tencent Holdings, Geely Automotive, Longfor Group, ANTA Sports, and FILA Holdings.

China markets advanced for the second session in a row this week, and the Hang Seng index jumped to a three-year high amid hopes of easing of tensions between China and the U.S.

Japan's benchmark indexes closed up 1% after a week of tumultuous trading amid escalating global trade tensions. The yield on 10-year Japanese government bonds traded around 1.5%, the highest level since the 2008 financial crisis.

Bargain hunting supported the market advance in China and Hong Kong ahead of the policy announcements on Monday. The Hang Seng index erased weekly losses, and the mainland-focused index advanced nearly 2% in the week.

Benchmark indexes in Tokyo hovered near six-month lows as looming U.S. trade tariffs dampened investor sentiment. The yen retained an upward bias, and the yield on the 10-year Japanese bonds stayed at a 16-year high amid expectations of higher interest rates.



China indexes extended losses for the fifth consecutive session amid escalating trade tensions and constantly changing U.S. trade policy. The Two Sessions ended with a lack of a detailed plan to implement previously announced stimulus measures.