Asian markets gain after U.S. banks’ stress test results
Friday, 26 June 2020 ()
BEIJING — Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks’ ability to make investments. The Nikkei 225 NIK, +0.96% in Tokyo rose 0.9% while Seoul’s Kospi 180721, +0.90% gained 1%. Hong Kong’s Hang Seng HSI, -0.49% lost 0.4%. The S&P/ASX 200 XJO, +0.59% in Sydney added 0.5%, and New Zealand NZ50GR, +0.24% , Singapore STI, +0.81% and Jakarta JAKIDX, +0.33% also advanced. Chinese markets were closed for a holiday. Wall Street closed higher after the Federal Reserve and other regulators announced they will ease rules that...
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