Asian stocks broadly advanced on Friday, led by South Korea’s technology shares, although most major regional benchmarks remained on track for weekly declines. U.S. Treasury yields resumed climbing after Wednesday’s buyback announcement provided only brief relief, with the 10-year yield around 4.7% and the 30-year near 5.3%. Treasury Secretary Scott Bessent said buybacks could eventually exceed the planned $4 billion per operation and pointed to a broader fiscal-consolidation plan, but investors remain skeptical that the measures can materially address a U.S. budget deficit above 6% of GDP and annual interest costs of roughly $1.2 trillion. The MSCI AC Asia Pacific gauge rose about 0.7%, while Nasdaq 100 Futures gained about 0.6% and S&P 500 Futures rose 0.2%. The KOSPI climbed nearly 1% on Friday but was still about 1% lower for the week. SK Hynix rose about 3% and was up roughly 7% for the week, while Samsung Electronics gained around 2% for the week, amid corporate-return plans from both companies. Japan’s Nikkei 225 fell around 0.8% and was down roughly 4.4% for the week as investors assessed stronger inflation and possible Bank of Japan rate increases as early as September. Hong Kong’s Hang Seng rose about 3% for the week, despite a 3% drop in Alibaba after its quarterly profit plunged more than 75% as capital spending jumped 75% to nearly $10 billion. Brent crude reached $94.71 before easing to around $93.12, leaving it more than 5% higher for the week. Indonesia’s central bank held its seven-day reverse-repurchase rate at 5.75%, while the Jakarta Stock Exchange Composite Index rose 0.5% and was on course for a weekly gain of more than 2%. Attention now turns to Nvidia’s earnings and next week’s Jackson Hole symposium for the next major test of the technology trade and the Federal Reserve outlook.