Asian shares up on Fed remarks | Bangkok Post: business

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Asian shares up on Fed remarks

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Asian markets climbed on Wednesday after the new US Federal Reserve chief said she would stick with its stimulus policy, while lawmakers agreed to raise the debt ceiling and avert another stand-off. 

A man walks outside a securities firm in Tokyo on Wednesday. (Photo by AP)

Wall Street rallied for a fourth straight session after Janet Yellen told Congress she expects to continue predecessor Ben Bernanke's plan to wind down its bond-buying gradually and keep interest rates low until the jobs market improves significantly.

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