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.
SEOUL�South Korea, the U.S. and Japan will sign a trilateral intelligence-sharing pact next week to better cope with North Korea's increasing nuclear and missile threats, officials in Seoul said Friday.
What came as a surprise wasn't that banks now have an enlarged regulatory deposit base to loan against, but that the banks won't have to hold a portion of those additional deposits with the central bank.
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.