Economic news

Review: Asian stocks higher ahead of Jackson Hole meeting

Asian shares gained on Friday, despite weak performance on the Wall Street.

MSCI’s broadest index of Asia-Pacific shares added 0.25 percent, on track for a weekly rise of 1.6 percent.

Japan’s Nikkei jumped 0.6 percent, set to end the week unchanged.

China’s Shanghai Composite index leaped 1.5 percent to its top since January 2016. Hong Kong’s Hang Seng increased about 1 percent.

South Korea’s KOSPI inched up near 0.1 percent and Australia’s S&P/ASX 200 index increased 0.2 percent.


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