Wall Street

More

• Yuan hits new high for 3rd straight day, traders wait for c.bank signal

  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.

• UPDATE 1-Fed no safety net if US goes over fiscal cliff -Fisher

  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.

• UPDATE 2-Singapore's Global Logistic Properties bets $1.4 billion on Brazil

  *Set to buy $1.4 bln Brazil assets. SINGAPORE, Nov 14- Singapore warehouse operator Global Logistic Properties Ltd is teaming up with large institutional investors to buy $1.4 billion of assets in Brazil as it looks to sustain its strong pace of growth.

• Fed no 'safety net' if US economy goes over fiscal cliff -Fisher

  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.

• UPDATE 2-Fed's Yellen backs holding rates near zero to 2016

  *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.

• US Senate Banking chairman: Elizabeth Warren would be an asset

  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.

• UPDATE 1-Fed's Yellen backs holding rates near zero to 2016

  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.

• CORRECTED-Fed's Yellen backs holding rates near zero to 2016

  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.

• Fed's Yellen backs holding rates near zero to 2016

  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.

• UPDATE 3-Divisions overshadow Europe's plan to control banks

  *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.

• UPDATE 2-Divisions overshadow Europe's plan to control banks

  *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.

• UPDATE 1-Europe seeks to break logjam over regime to control banks

  *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.

• UPDATE 1-Glitch prevents trade in over 200 stocks on the NYSE

  *NYSE expects normal trading in all securities on Tuesday. The NYSE first alerted traders it was having problems with one of its cash equity matching engines at 9:38 a.m. and it said it would not publish quotes on a total of 216 stocks, including CVS Caremark Corp and Lazard Ltd..

• Glitch prevents trading in over 200 stocks on the NYSE

  *NYSE will not hold closing auction for affected stocks. NYSE first alerted traders it was having problems with one of its cash equity matching engines at 9:38 a.m., and it said it would not publish quotes on a total of 216 stocks, including CVS Caremark Corp and Lazard Ltd..