Asian Market Update : Epic Research Malaysia

Asian shares edged up on Friday but were on track for a weekly loss, while the dollar was poised for a winning week on bets the US Federal Reserve could raise rates as early as next month.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6 per cent, though still down 0.3 per cent for the week and off 4.2 per cent so far this year.

Japan's Nikkei stock index erased earlier losses to trade up 0.2 per cent, extending gains for the week to 1.6 per cent as the yen recoiled against the resurgent dollar.

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