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  • BEIJING, Nov 14- China's central bank governor, Zhou Xiaochuan, is likely a step nearer retirement on Wednesday after he was left out of a key policymaking group of the ruling Communist Party. He has been central bank chief since December 2002.

  • SHANGHAI, Nov 14- The yuan closed at a record high against the dollar for a third straight day on Wednesday, but dealers complained that the central bank's reluctance to let the spot market take the yuan even higher was choking off trade. The People's Bank of China set its midpoint at 6.2881 per dollar on Wednesday, slightly stronger than Tuesday's fix of 6.2891.

  • TOKYO, Nov 14- Japan's three mega banks posted earnings that were dragged down by heavy losses on their equity portfolios, renewing investor concerns about the practice of lenders holding stakes in clients including the country's money-losing electronics makers.

  • DUBAI, Nov 14- Morocco's Attijariwafabank and Abu Dhabi- owned Invest AD plan to start a jointly-managed fund to invest in Africa's listed companies, in a sign more institutional investors are lining up to tap growth in the continent.

  • TOKYO, Nov 14- Mizuho Financial Group, Japan's No.2 bank by assets, posted a 27.6 percent decline in first-half net profit, hurt by hefty losses on its equity portfolio while lending at home remained sluggish due to a tepid economy.

  • SHANGHAI, Nov 14- The yuan struck a record high against the dollar for a third straight day on Wednesday, but dealers complained that the central bank's reluctance to let the spot market take the yuan even higher was choking off trade. The People's Bank of China set its midpoint at 6.2881 per dollar on Wednesday, slightly stronger than Tuesday's fix of 6.2891.

  • WASHINGTON, Nov 13- The Federal Reserve cannot do much more to shelter the U.S. economy if the country goes over a year-end fiscal cliff of tax hikes and government spending cuts, a senior U.S. central bank official said on Tuesday.

  • WASHINGTON, Nov 13- The Federal Reserve cannot do much more to shelter the U.S. economy if the country goes over a year-end fiscal cliff of tax hikes and government spending cuts, a senior U.S. central bank official said on Tuesday.

  • *Yellen wants easier policy than Wall Street expects. BERKELEY, Calif., Nov 13- Federal Reserve Vice Chair Janet Yellen said on Tuesday that U.S. short term interest rates may need to stay near zero until early 2016, a half year longer than Wall Street dealers expect, to forcefully lift employment.

  • Senator-elect Elizabeth Warren would be a welcome addition to the Senate Banking Committee, its chairman Tim Johnson said on Tuesday in his first public statement about his preferences since Warren was elected.

  • WASHINGTON, Nov 13- Federal Reserve Vice Chair Janet Yellen said on Tuesday that U.S. interest rates may need to stay near zero until early 2016 to forcefully lift employment, and she strongly backed adopting inflation and unemployment thresholds to guide policy.

  • Federal Reserve Vice Chair Janet Yellen said on Tuesday that interest rates may need to stay near zero until early 2016 to forcefully lift employment, and strongly backed adopting inflation and unemployment thresholds to guide policy.

  • Federal Reserve Vice Chair Janet Yellen said on Tuesday that interest rates may need to stay near zero until early 2016 to forcefully lift employment, and strongly backed adopting inflation and unemployment thresholds to guide policy.

  • *Sweden, Austria warn new ECB powers may require EU treaty changes. *UK and Germany push for limits on ECB as bank watchdog. BRUSSELS, Nov 13- Divisions in Europe over a new regime to supervise banks overshadowed fresh attempts by EU finance ministers on Tuesday to agree a centrepiece reform that some officials fear could unravel.

  • *Sweden, Austria warn new ECB powers may require EU treaty changes. *UK and Germany push for limits on ECB as bank watchdog. BRUSSELS, Nov 13- Divisions in Europe over a new regime to supervise banks overshadowed fresh attempts by EU finance ministers on Tuesday to agree a centrepiece reform that some officials fear could now unravel.

  • *Sweden: EU treaty changes may be needed for ECB to get power. *UK and Germany push for limits on ECB as bank watchdog. BRUSSELS, Nov 13- EU finance ministers sought on Tuesday to break an impasse over a new regime to supervise banks, but with much of the plan contested, the European Union risks seeing this centrepiece reform unravel.