Asian stocks climb after Wall Street closes its record-setting week mixed

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Asian stocks are mostly higher, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, and China.

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The Hang Seng in Hong Kong gained 0.8% to 18,403.37 and the Shanghai Composite index added 0.7% to 2,755.89.Japan’s monetary policy remained in the spotlight after the Bank of Japan announced it would keep its benchmark rate unchanged at 0.25%. Elsewhere, Australia’s S&P/ASX 200 lost 0.5% to 8,170.50. The Reserve Bank of Australia begins a two-day policy meeting on Monday.On Friday, the S&P 500 slipped 0.2% from its record, closing at 5,702.55. The Nasdaq composite fell 0.4% 17,948.32. The Dow Jones Industrial Average, meanwhile, added 0.1% to close at another record high, at 42,063.36.

Last week, also, the Bank of England kept its main interest rate on hold at 5% in the wake of the Fed's move.

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