The Asian market closed sharply higher on Friday, as evidenced by the overnight rebound on Wall Street. There are signs that inflation is cooling, and the Federal Reserve may soon stop or even reverse its tightening policies, improving investor sentiment. Friday's actions also include speculation about the upcoming earnings season, with some major US banks opening their doors in the United States on Friday morning.

The Nikkei Index of Japan closed 1.2% higher, leading to a rise in the region. The yen reversed its recent strength against the US dollar and fell back above 133 points. Softbank Group's stock price bucked the upward trend, falling slightly by 0.2%, while Sony's stock price rose 1.8% on the same day. Among the major exporting countries, Toyota's stock price fell by 0.3%, while Panasonic rose by 0.8%, while Canon remained unchanged with a slight loss of less than 0.1%.

In Australia, the S&P/ASX 200 index rose 0.5%, helped by the strength of the four major banks. ANZ's stock price rose 0.9%, NAB's stock price rose 1.2%, Federal Bank rose 0.9%, and Westpac closed up 0.7%. With BHP Billiton soaring by 0.1% and Rio Tinto slightly exceeding 0.1%, the increase in major miners is relatively small.

The Chinese Mainland market also closed higher, with the benchmark Shanghai Composite Index rising 0.6% and the small cap Shenzhen Composite Index rising 0.5%. In Hong Kong, Hang Seng tracked the mainland and closed up 0.5%.

In South Korea, Kospi rose 0.4%, while in Taiwan, Taiex rose 0.8%.

The Southeast Asian market saw relatively small gains, with Singapore's Straits Times Index rising 0.3% and Malaysia's KLCI rising slightly by less than 0.1%.