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| Version 1 | Version 2 |
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| Chinese stocks are up as yuan rate strengthens | Chinese stocks are up as yuan rate strengthens |
| (about 3 hours later) | |
| Chinese shares rose on Friday as the country's central bank raised the trading range of the yuan. | |
| The bank set the rate at 6.3975 per dollar compared to Thursday's close of 6.3982. | The bank set the rate at 6.3975 per dollar compared to Thursday's close of 6.3982. |
| The rate is set daily and allows a 4% fluctuation - over the past week, the bank had guided the yuan to a record low sparking fears of a currency war to help lagging Chinese exports. | The rate is set daily and allows a 4% fluctuation - over the past week, the bank had guided the yuan to a record low sparking fears of a currency war to help lagging Chinese exports. |
| The benchmark Shanghai Composite traded 0.4% higher at 3,968.93 points. | The benchmark Shanghai Composite traded 0.4% higher at 3,968.93 points. |
| In Hong Kong, the Hang Seng was up by 0.3% to 24,093.40. | In Hong Kong, the Hang Seng was up by 0.3% to 24,093.40. |
| Japanese shares traded flat with the Nikkei 225 index at 20,590.83 points recovering from a drop in earlier trade. | Japanese shares traded flat with the Nikkei 225 index at 20,590.83 points recovering from a drop in earlier trade. |
| Investors are anticipating Monday's release of Japan's economic growth for the past three months. | Investors are anticipating Monday's release of Japan's economic growth for the past three months. |
| In Australia, the S&P/ASX 200 was also unchanged at 5,389.20 points as investors took a cue from Wall Street's flat close and the ongoing uncertainty over the yuan. | In Australia, the S&P/ASX 200 was also unchanged at 5,389.20 points as investors took a cue from Wall Street's flat close and the ongoing uncertainty over the yuan. |
| China's currency is important to Australia as it is the main export market for the country's natural resources. | China's currency is important to Australia as it is the main export market for the country's natural resources. |
| In South Korea, the Kospi index remained closed on Friday as the country will on Saturday mark a national holiday. | In South Korea, the Kospi index remained closed on Friday as the country will on Saturday mark a national holiday. |