Seoul shares seen buoyed by Bernanke's defense of monetary easing

Newswire

SEOUL, Feb 27 (Reuters) - Seoul shares are likely to rebound on Wednesday after Federal Reserve Chairman Ben Bernanke reassured investors that stimulus measures in the United States would continue. "The KOSPI will get a boost from the rally in U.S. markets following Bernanke's comments," said Kim Sung-hwan, an analyst at Bookook Securities. U.S. equities climbed as Bernanke strongly defended the Fed's bond-buying stimulus, easing worries that monetary policymakers might be getting ...

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