Asian stock markets are making gains on Friday, shaking off a slow start to 2025. The MSCI Asia-Pacific index saw a rise of 0.38%, with South Korean shares leading the charge. However, concerns remain about the U.S. Federal Reserve's interest rate policies, which have pushed the dollar to a two-year high. In another development, Tesla's annual electric vehicle sales have experienced a significant decline for the first time in more than ten years, marking a major shift for the electric vehicle leader. This decline highlights the challenges the company faces in maintaining its growth momentum amid increasing competition in the EV market especially with Chinese players like BYD. Watch NDTV'S The World Report for the latest updates.