Investors assessed November inflation numbers from Japan's capital of Tokyo, which saw its headline inflation rate come in at 3%, compared to 2.6% in October.

Asia-Pacific markets trade mixed on Friday as some markets return from the Boxing Day holiday and investors assessed economic data from the region. Market sentiment remained subdued amid growing political unrest as South Korea's main opposition party moved to impeach acting President Han Duck-soo,

Asia-Pacific markets are set to open higher, as some markets return from the Boxing Day holiday and investors eye a slew of economic data in the region.

Analysts, however, say Beijing’s military aggression will make it difficult for China and Japan to fundamentally reset their relationship

Japan's foreign minister Takeshi Iwaya will visit China on Wednesday for talks with local counterpart Wang Yi, as Tokyo acknowledged "challenges and concerns" in relations.