Asia-Pacific markets mixed--

Asia-Pacific markets were mixed on Friday as Japan's third-quarter GDP was revised downward in a surprise move, while India's central bank held its benchmark lending rate steady, reports CNBC.

Japan's third-quarter GDP was revised downward to a 0.7 per cent fall quarter-on-quarter, a sharper slide compared with the 0.5 per cent decline estimated earlier. Economists had forecast that the revised figure would be unchanged at 0.5 per cent

The Reserve Bank of India held its repo rate at 6.5 per cent, in line with a Reuters poll of 64 economists that unanimously forecast the bank would keep its benchmark policy rate steady.

In Australia, the S&P/ASX 200 rose 0.3 per cent and ended at 7,194.9, reversing earlier losses.

Japan's Nikkei 225 tumbled 1.68 per cent after the GDP data to end at 32,307.86, its lowest level in a month, while the Topix fell 1.5 per cent to 2,324.47.

South Korea's Kospi climbed 1.03 per cent to finish at 2,517.85 while the small-cap Kosdaq advanced 2.11 per cent to 830.37.

Hong Kong's Hang Seng index erased earlier gains to trade marginally below the flatline in its final hour, while the mainland Chinese CSI 300 gained 0.24 per cent, rebounding off a four year low and ending at 3,399.46.

Meanwhile, European markets held in positive territory on Friday afternoon, as traders around the world assessed a key November jobs report due out of the US.

The pan-European Stoxx 600 index was up 0.5 per cent by mid-afternoon, with travel and leisure stocks adding 0.9 per cent to lead gains while mining stocks fell 1.3 per cent.

Global attention turned on Friday to November's US jobs report, as investors try to gauge the likely trajectory of interest rate decisions from the Federal Reserve over the next year.

November's nonfarm payrolls report showed an unexpected drop in unemployment. The jobless rate fell 3.7 per cent, compared to a forecast of 3.9 per cent. The US economy added 199,000 jobs during November, slightly ahead of the 190,000 estimate from Dow Jones and the 150,000 added in October.

US stocks opened lower Friday as investors assessed a strong jobs report that left them torn between hopes for a resilient economy and expectations for Federal Reserve rate cuts in the new year.

The Dow Jones Industrial Average fell 0.1 per cent at the start of the trading day. The S&P 500 and the Nasdaq Composite also both dipped 0.2 per cent and 0.3 per cent, respectively.