Asian stocks ended mixed in thin trade on Friday, with markets in mainland China, Hong Kong and Taiwan closed for holidays. A cautious undertone prevailed after the Swiss Foreign Ministry said U.S. talks with Iranian negotiators on a pact to end the Middle East conflict have been postponed, while U.S. Vice President JD Vance delayed his planned trip to Switzerland and Tehran held back from the planned talks after at least 16 people were killed in Israeli airstrikes across southern Lebanon overnight. Japan's Nikkei average scaled a new record high before ending 0.28 percent higher at 71,250.06, while the broader Topix index fell 0.57 percent to 4,044.96. Seoul's Kospi slipped 0.13 percent to 9,052.42, snapping a six-day rally, and Australia's S&P/ASX 200 dropped 0.92 percent to 8,828.70 as weaker commodity prices weighed on mining and energy stocks. Overnight, U.S. stocks rallied after the U.S. and Iranian Presidents signed a preliminary agreement to end the Middle East war, with the Nasdaq Composite soaring 1.9 percent.