Asian stocks edged up on Friday as Wall Street benefited from buoyant crude oil prices and expectations US borrowing costs will remain at stimulatory levels at least until year-end. Japan's Nikkei added 0.5 percent and South Korea's Kospi tacked on 0.2 percent.
Australian shares added 0.1 percent. MSCI's broadest index of Asia-Pacific shares outside Japan stood steady. The index was on track to rise 0.25 percent on the week, during which it reached a 1-year high. Global equities received a lift this week after the Federal Reserve's July policy meeting minutes showed that the U.S. central bank was in no hurry to hike interest rates.
"Markets breathed a collective sigh of relief that minutes from the Federal Reserve's July meeting gave no clear indication the Fed is ready to raise interest rates," wrote Jasper Lawler, market analyst at CMC Markets.
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Australian shares added 0.1 percent. MSCI's broadest index of Asia-Pacific shares outside Japan stood steady. The index was on track to rise 0.25 percent on the week, during which it reached a 1-year high. Global equities received a lift this week after the Federal Reserve's July policy meeting minutes showed that the U.S. central bank was in no hurry to hike interest rates. 
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