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2011's Biggest Financial Heroes and Villains

In a year saturated with big financial headlines, identifying the fiscal heroes and villains is bound to be an exercise in oversimplification. But DailyFinance is going to try: Herewith, we present our picks for the best and the worst of 2011.

Higher Oil Prices Send Asian Shares Up

Asian investors brushed aside worries over continuously rising Chinese inflation today, focusing instead on bargain shopping. Energy companies were a major attraction as oil prices surged. Hong Kong's Hang Seng Index climbed 1.1% and China's Shanghai Composite Index advanced 0.9%. In Japan the Nikkei 225 Index edged up 0.6%.