Buyers should beware that retailers are increasingly asking for ID and limiting the return window. More Headlines. Saudis facing deficit from sliding oil prices · Potential Revel casino buyer wants discount.
Russian stocks rose and the ruble strengthened while Chinese shares posted their biggest two-day rally since 2009 amid speculation the government will step up stimulus to bolster the economy.
The ruble fell, trimming a weekly rally that drove the currency up the most since in 16 years as the government ordered Russian exporters to reduce their foreign-currency holdings to shore up confidence.
Oil traded above $60 a barrel in London amid the highest volatility in more than three years on speculation that Saudi Arabia, the largest crude exporter, is signaling confidence that prices will rally.
BEIJING (Reuters) - The People's Bank of China (PBOC) is weighing changing rules governing how loan-to-deposit ratios are calculated at banks, a move that would boost liquidity conditions, sources with direct knowledge told Reuters.