Asian stocks mostly climb before Warsh speech at Jackson Hole
What's next: Investors are watching for clues on US rate policy less than three weeks before the Federal Reserve's next decision.
Asian stocks mostly rose Friday as investors turned to a closely watched speech by Warsh at the Jackson Hole gathering for signals on the US interest-rate outlook. Markets in Tokyo, Hong Kong, Shanghai, Sydney, Singapore, Jakarta and Taipei advanced in early trade, while Seoul, Wellington and Manila fell. The move came after Wall Street's main indexes gained, powered largely by technology shares following Nvidia's strong earnings report and forecast. Traders are now looking ahead to remarks at the annual meeting of central bankers and economic leaders in Wyoming, with the Federal Reserve's next policy announcement less than three weeks away.