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  • That didn't take long: Japan eyes stimulus exit Monday, 26 May 2014 | 6:01 PM ET
    Prime Minister of Japan Shinzo Abe.

    The Bank of Japan has begun shifting its focus from supporting growth to ways of phasing out its massive stimulus.

  • TOKYO, May 27- The Bank of Japan has begun shifting its focus from supporting growth to ways of phasing out its massive stimulus, taking first tentative steps towards a potentially momentous move for the world economy.

  • *Central Bank says ready to act to minimise volatility. NAIROBI, May 26- Kenya's central bank has signalled its intent to defend the ailing shilling by selling dollars and says it has deep enough foreign reserves to cushion the currency against shocks.

  • NAIROBI, May 26- Equity Bank of Kenya plans to launch a mobile telecoms service in July, eyeing a piece of the fast-growing cellphone-based financial services market, it said on Monday.

  • HONG KONG, May 26- China's yuan slipped on Monday after its central bank fixed the daily trading midpoint against the dollar at its weakest level since September in a sign that it would continue to keep a strict vigil on any speculative capital inflows.

  • PARIS, May 23- Central banks need to cooperate to avoid a currency war, European Central Bank policymaker Benoit Coeure said on Friday, and the ECB should take account of the euro's exchange rate in its monetary policy deliberations.

  • PARIS, May 23- The European Central Bank should take account of the euro's exchange rate in its monetary policy deliberations, ECB policymaker Benoit Coeure said on Friday, adding that central banks need to cooperate to avoid a currency war.

  • Barclays fined $44M for improper gold trades Friday, 23 May 2014 | 11:24 AM ET

    The Financial Conduct Authority said former trader Daniel James Plunkett "exploited the weaknesses in Barclays' systems and controls."

  • HONG KONG/ KABUL, May 23- A move by some Chinese commercial lenders to stop doing dollar business with most Afghan banks is connected to Beijing's concern over recent unrest in China's western Xinjiang region, two senior Chinese banking sources said on Friday.

  • Should bankers be compensated in … bonds? Friday, 23 May 2014 | 10:44 AM ET

    How do you make big banks safer? Here's an idea: Pay executives in long-term bonds.

  • Russia's major state banks have said they could suffer from the Ukraine crisis and need capital to increase lending. Russia's second-largest bank, VTB, said on Friday it would have to make higher loan provisions as a result of the Ukraine crisis and this would have an impact on the lender's first-quarter profit.

  • May 23- Patterns of bank transactions relating to Russian Railways described in a Reuters investigation show signs of so-called suspicious banking activity, according to Russian and U.S. financial investigators and consultants.

  • *Blow for Barclays' efforts to put past sins behind it. LONDON, May 23- Barclays Plc has been fined 26 million pounds for failures in internal controls that allowed a trader to manipulate the setting of gold prices, just a day after the bank was fined for rigging Libor interest rates in 2012.. It marks another blow to Barclays' attempts to put past problems behind it.

  • PARIS, May 23- The French central bank said on Friday it was closely monitoring risks related to a U.S. probe of BNP Paribas which may cost France's biggest listed bank a multi-billion dollar fine and its reputation in one its growth markets.

  • UPDATE 2-Barclays fined $44 mln over gold price fix Friday, 23 May 2014 | 6:13 AM ET

    *Blow for Barclays' efforts to put past sins behind it. LONDON, May 23- Barclays Plc has been fined 26 million pounds for failures in internal controls that allowed a trader to manipulate the setting of gold prices just a day after the bank was fined for rigging Libor interest rates in 2012.. It marks another blow to Barclays' attempts to put past problems behind it.

  • KIGALI, May 23- China's economic slowdown is "manageable" as the country is in a stage of development where reforms and environmental protection take precedence in policy considerations, Central Bank Governor Zhou Xiaochuan said.

  • VTB sees higher bank reserves due to Ukraine crisis Friday, 23 May 2014 | 4:33 AM ET

    ST PETERSBURG, Russia, May 23- Russia's second-largest bank, VTB, will have higher banking reserves as a result of the Ukraine crisis and this will have an impact on the lender's first-quarter profit, Chief Executive Officer Andrei Kostin said on Friday.

  • HONG KONG/ BEIJING, May 23- A decision by some Chinese banks to stop dollar business transactions with Afghanistan banks is connected to recent attacks in China's western Xinjiang region, two senior banking sources said.

  • *ECB Forum on Central Banking May 25-27 in Sintra, Portugal. FRANKFURT, May 23- The European Central Bank launches its own version of the prestigious Jackson Hole annual retreat in Portugal on Sunday, inviting policymakers and academics to debate ahead of June's crunch policy meeting.

  • SHANGHAI, May 23- China's yuan weakened slightly on Friday after the central bank set the midpoint at an eight-month low for the second day, but traders said a rough balance in dollar supply and demand curbed the yuan's drop and will likely keep it stable in coming weeks.

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