China A-share shipping sector extended intraday gains; COSCO SHIPPING Energy notched two limit-up days in three sessions. Peers including China Merchants Shipping, China Merchants Nanyou, China Shipbuilding and Guohang Yuanyang also rose.

Federal Reserve Chair Kevin Warsh gave no forward guidance at a press conference but said he has heard FOMC members say the Fed still has "some work to do" to achieve price stability. On artificial intelligence, Warsh said the technology could be the most significant economic change of his adult life, bringing both opportunities and risks. He added that if the Fed "does its job" it can sustain strong growth, price stability and robust employment.

美聯儲主席沃什：我不相信我們在充分就業和價格穩定之間有殘酷的選擇。