Asian markets were mixed in cautious Friday, after President Donald Trump canceled his upcoming summit with North Korean leader Kim Jong Un.

Japan’s Nikkei NIK, -0.56% closed up 0.1% but had declined earlier in the session as the dollar USDJPY, +0.05% pushed above ¥109.70 at one point from ¥109.30 late Thursday. Commodity-related names were leading the way lower for Japanese stocks as they were poised to notch their first down week in two months. The marine-transportation sector was off 1.6%, the weakest performer in the Topix. Mining was off 1.1% following a sizable drop overnight in oil prices UK:LCON8 . But that had the airline sector up 1%. Meanwhile, auto stocks were extending Thursday’s sharp selloff, with Honda 7267, -3.34% and Toyota 7203, -1.20% off nearly 1%.

Hong Kong stocks started modestly weaker, with the Hang Seng Index HSI, -1.40% off 0.5%, with energy stocks again a sore spot.

A U.S. short seller has intensified its attack on Samsonite International SA 1910, -0.91% after the luggage maker’s chief executive admitted he never graduated with a Ph.D. even though some corporate filings and regulatory documents included the “Dr.” designation. Samsonite shares fell an additional 12% on Friday in Hong Kong trading after dropping 10% the prior day.

After a strong rebound Thursday, Singapore’s Straits Times Index STI, -0.99% was down 0.4%, logging a second-straight weekly decline, which hasn’t happened since early February. Telecom stocks were down, with StarHub CC3, off nearly 1.9%. Weakness was also seen in bank and property names.

Malaysian stocks FBMKLCI, +0.04% rebounded 1.2% after two days of heavy selling.