TOKYO—Asian shares fell in muted trading as most world markets were closed for Good Friday and other holidays.
Benchmarks declined in Tokyo, Seoul, and Shanghai. Sydney, Manila, Bangkok, and Hong Kong were among Asian markets observing holidays on Friday. U.S. and European markets also were closed.
After markets closed, China’s central bank freed up extra money for lending to support the slowing economy by cutting the amount of reserves commercial banks are required to hold.
The move added about 500 billion yuan ($85 billion) to the pool for lending, a relatively modest sum compared with the size of China’s economy.
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