Markets in Asia were sharply higher.

The Niikkei was up 3.8% to 11.921. Mitsubishi UFJ Financial ran up along with most other financial shares.

The Hang Seng rose 8.2% to 19.083. China Life (LFC) was up more than 7%. HSBC (HBC) was up more than 6%.

The Shanghai Composite moved up 9.5% to 2,075.

Data from Reuters.

Douglas A. McIntyre