Nikkei 225 fell 0.65% on Friday

Japanese shares depreciated on Friday as Chinese and European rate cuts failed to convince investors about soon improvements in global economy. Nikkei 225 index fell 0.65% or 59.05 points and finished at 9,020.75. J Front Retailing surged 1.5% after the company announced it is working on launching a tender to acquire controlling stake in shopping-centre operator Parco. Shipping giant Kawasaki Kisen added 0.7% after an indicator of cargo rates reached a seven-week record high. JX Holdings slipped 2.5% on falling oil prices.