Asian Shares Edge Up, On Track For Weekly Gain

Asian shares edged higher on Friday, on track for weekly gains, though sentiment was kept in check by Wall Street's weakness on concerns about the progress of U.S. tax reform.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.04 percent in early trade, poised to gain 1.2 percent for the week.

But Japan's Nikkei stock index slipped 0.8 percent, down 1.3 percent for the week, feeling the pinch of a stronger yen even amid fresh signs the economy is gathering momentum.

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