Asia

China said on Friday tension over North Korea had to be stopped from reaching an "irreversible and unmanageable stage" as a U.S. aircraft carrier group steamed toward the region amid fears the North may conduct a sixth nuclear weapons test.
Japanese and South Korean shares fell while the won currency came under pressure on Friday, as rising tensions in the Korean peninsula dented confidence in the world's economy.
Business sentiment at Asia's top companies rose to its highest in almost two years in the first quarter of 2017, buoyed by positive economic signs from the United States and China that underpinned improved global demand, a Thomson Reuters/INSEAD survey showed.
China's economy may be 35 times larger than Israel's, but Prime Minister Benjamin Netanyahu is hoping to use that to advantage during a three-day visit to Beijing as he looks to reorient Israel's economy toward Asia over Europe and the United States.
The U.S.-based indices closed mixed this afternoon.
Oil traders from around the world, including the United States, Britain and Brazil, have tripled their sales to Asia as they take advantage of an emerging supply gap following OPEC-led production cuts announced late last year.

Chinese independent, or teapot, refiners are bringing in rare cargoes of North American heavy crude in a new long-distance flow that traders say has only been made possible by OPEC's

Bain Capital is planning its first Asia-focused credit fund, seeking to raise $1 billion to capitalize on distressed debt and direct lending opportunities as banks dispose of those assets and operations, people familiar with the plans told Reuters.
Traders are looking for directional follow through on the 20,000 handle close last week. Technicians believe volume is an important factor in solidifying the upward momentum.
Comments on the yellow metal seems to be back in fashion in the short term with further inclines expected as investors scatter from riskier assets to safety.