Russia bolsters banking sector

Russia moved to bolster the country's increasingly stressed banking sector Wednesday, as the global economic turmoil deepened fears that the country could face a crisis similar to the one 10 years ago.

Russia's primary stock indexes, MICEX and RTS, plummeted, with banking stocks leading the way, prompting regulators to halt trading at 12.10 local time. Trading was also suspended on Thursday on the orders of the FSFM (Federal Service for Financial Markets)...