BEIJING (AP) — Asian stock markets have followed Wall Street higher after U.S. regulators removed some limits on the ability of banks to make investments. Benchmarks in Tokyo, Sydney and Southeast Asia advanced on Friday while Hong Kong declined. Chinese markets were closed for a holiday. Investors were encouraged by the U.S. decision to expand the ability of banks to pursue a wider variety of investments to help shore up slim profits amid low interest rates. Meanwhile, the United States reported its economy shrank by 5% in the latest quarter, and forecasters expect worse in the present period.
Posted
and last updated
Bakersfield, CA
Weather
MondayMon
08/10/2026
Partly Cloudy
-° / 80°
0%
TuesdayTue
08/11/2026
Partly Cloudy
105° / 79°
0%
WednesdayWed
08/12/2026
Partly Cloudy
101° / 74°
1%
ThursdayThu
08/13/2026
Clear
96° / 67°
1%
FridayFri
08/14/2026
Clear
93° / 66°
1%
SaturdaySat
08/15/2026
Clear
95° / 68°
0%
SundaySun
08/16/2026
Mostly Clear
97° / 69°
0%
MondayMon
08/17/2026
Partly Cloudy
96° / 69°
0%