Asian shares climb sharply after Ben Bernanke yesterday signaled that the Fed will keep the...

|By:, SA News Editor

Asian shares climb sharply after Ben Bernanke yesterday signaled that the Fed will keep the money printing presses ramped up, saying that "that highly accommodative monetary policy for the foreseeable future is what's needed for the U.S. economy." Chinese stocks (FXI) lead the charge on speculation the government will carry out what one money manager says will be a "small-scale stimulus plan...to prevent economic growth from slumping too much." Japan +0.4%, Hong Kong +2.5%, China +3.2%, India +1.9%.