Tokyo CPI, U.S. inflation, Singapore MAS [Video]

Asia-Pacific markets mostly rebounded Friday, after Thursday’s sell-off saw some indexes in the region hit their lowest level in months.

Japan’s Nikkei 225 was the notable outlier, extending losses for an eighth straight day to 37,667.41, down 0.53%. The Topix lost 0.38% to close at 2,699.54, its lowest since April 26.

Chipmaker Renesas Electronics fell for a second straight day, plunging over 5% on Friday to lead losses in the index. This brought its share price to its lowest level since April.

Renesas saw a 29% drop in net profit for the first half of the year, with Nikkei reporting that President Hidetoshi Shibata admitted that the firm “misjudged demand for industrial equipment.” Unlike most Japanese companies, Renesas’ financial year starts on Jan. 1.

The sell-off on Thursday resulted in 760 billion yen ($4.9 billion) being wiped off its market capitalization in a single day.

Some Japanese automakers also fell, with …