Asian stocks were mixed in choppy Friday trading as volatile oil prices, driven by Middle East tensions, kept investors cautious, while China left its loan prime rates unchanged for a tenth month. Weak cues from Wall Street added pressure, though U.S. futures edged higher. Oil briefly surged near $119 before pulling back, raising concerns over persistent inflation, especially in Asia. Regional markets showed mixed performance, with South Korea gaining while China and Hong Kong declined, and Alibaba shares fell after weaker earnings.
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