HONG KONG: Asian markets rallied on Thursday after US Federal Reserve boss Ben Bernanke said that its stimulus drive would be kept in place ‘for the foreseeable future,” but Tokyo’s advance was capped as the yen surged against the dollar.

The news poured cold water on expectations that the central bank would start to pull back on the massive bond-buying later this year, which has sent global forex and equity markets reeling in recent weeks.

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