Porsche said on Friday it would recall close to 60,000 vehicles worldwide due to risks of engine leaks.

The luxury arm of beleaguered auto giant Volkswagen said the recall would apply to its Macan S and Macan Turbo models, which could be prone to leaks in a low-pressure fuel line in the engine compartment.

Banner earnings from Apple, a big drugstore merger and another twist in the Federal Reserve's message on interest rates highlighted a week that produced modest gains for U.S. stocks.

Major indices lodged their fifth straight week of gains, with the Dow Jones Industrial Average ending up 16.84 (0.10 percent) to 17,663.54.

Russia's central bank on Friday held its key interest rate for the second month running as it balanced worries over inflation against trying to resuscitate its crisis-hit economy.

The bank said that it had left the rate unchanged at 11 percent "in recognition of persistent substantial inflation risks" but insisted it could start cutting again in the future as weak domestic demand pushes down inflation pressures.   

Eurozone inflation rose to zero percent and out of negative territory in October, official data showed Friday, a level that is still low enough to encourage the European Central Bank to pump up its stimulus.

Earlier this month, ECB president Mario Draghi signaled that the central bank could be ready to boost its contested bond-buying program given low inflation levels across the 19 countries that share the euro. 

Swiss banking giant Credit Suisse said Friday it has been approached by Swiss and US authorities over banking links with FIFA officials accused of bribery and corruption.

"Credit Suisse has received inquiries from these authorities regarding its banking relationships with certain individuals and entities associated with FIFA," the bank said in a statement, adding that it was cooperating with the authorities on the matter.

Chinese President Xi Jinping's brother-in-law owned shares in a firm controlled by the country's richest man Wang Jianlin, the businessman confirmed after allegations that political connections helped Wanda Group grow.

The declaration by Wang comes after a sweeping anti-corruption drive under Xi has targeted a swathe of prominent cadres and low-level officials.

The U.S. Senate passed a bipartisan, two-year budget deal early Friday that boosts federal spending by $80 billion, reduces a government shutdown threat and raises the debt ceiling through the end of Barack Obama's presidency.

The bill passed the House of Representatives on Wednesday and now goes to Obama for the formalities of his signature, although the political fallout looks set to linger on.

Oil prices declined in Asia Friday as a midweek rally dissipated with no relief in sight to a global crude oversupply, analysts said.

Prices surged on Wednesday driven by bargain-hunting and a below-forecast rise in U.S. commercial crude inventories, but concerns over the supply glut soon resurfaced.

Japan Airlines said Friday its six-month net profit soared nearly 29 percent, after rival All Nippon Airways also posted upbeat results as the carriers benefit from  a surge in tourism and a steep slide in fuel costs.

Visitor arrivals in Japan have surged as a weak yen puts more purchasing power in the hands of foreign tourists.

Deutsche Bank, Germany's biggest lender, announced Thursday it would cut 9,000 jobs and pull out of 10 countries in a new 3.8-billion-euro cost-cutting drive after it ran up record losses in the third quarter.

Deutsche Bank's new co-chief executive John Cryan told a news conference that the group planned to close onshore operations in Argentina, Chile, Mexico, Peru, Uruguay, Denmark, Finland, Norway, Malta and New Zealand. And it would move trading activities in Brazil to global and regional hubs.