India, April 25 -- Asian stocks advanced on Friday amid signs the Trump administration is making progress on trade negotiations and that the U.S. Federal Reserve may cut interest rates earlier than expected if labor and growth data weaken notably.

Treasury yields gained and the dollar edged up, pushing gold prices down over 1 percent to around $3,300 per ounce.

Crude oil futures headed for a weekly loss due to expectations of increased OPEC+ supply and renewed hopes for peace in Ukraine.

China's Shanghai Composite Index finished marginally lower at 3,295.06 as Beijing denied the existence of negotiations on a deal with the U.S. and demanded that the U.S. revoke all unilateral tariffs.

Hong Kong's Hang Seng Index edged up by 0.3 percent ...