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Bank of Nova Scotia

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  • *Gold slides after Fed ends bond buying on hawkish note. LONDON, Oct 30- Gold prices slid towards $1,200 an ounce on Thursday, hitting their lowest in 3-1/ 2 weeks, after the Federal Reserve ended its bond-buying stimulus programme on an unexpectedly hawkish note. Spot gold fell as low as $1,201.21 an ounce and was down 0.5 percent at $1,206.40 an ounce at 1015 GMT.

  • CANADA STOCKS-TSX climbs as resource prices rise Tuesday, 28 Oct 2014 | 4:56 PM ET

    TORONTO, Oct 28- Canada's main stock index rose more than 1 percent on Tuesday, with higher crude and other commodity prices helping boost energy and mining companies as investors returned to buying after a sharp sell-off in recent weeks. Suncor Energy Inc was the biggest positive driver, adding 2.2 percent to C $39, while Canadian Natural Resources Ltd gained...

  • LONDON, Oct 17- Five companies have been short-listed to replace the century-old London gold benchmark with a new electronic system, which is expected to be in place within the next few months, the London Bullion Market Association said. Broker Autilla Ltd, the Chicago Mercantile Exchange jointly with Thomson Reuters, U.S. derivatives bourse Intercontinental...

  • SINGAPORE, Oct 15- Gold eased for a second session on Wednesday as the dollar rebounded modestly from sharp losses but the safe-haven metal still held close to four-week highs on lingering worries over the global economy. *Gold has been well-bid since last week on increasing concerns over the health of the global economy. *Meanwhile, litigation alleging that...

  • Oct 14- Litigation alleging that Deutsche Bank AG, Bank of Nova Scotia and HSBC Plc illegally fixed the price of silver has been centralized in Manhattan federal court. Three suits were originally filed in Manhattan, while two were filed in Brooklyn. The banks had also asked that the litigation be consolidated in the Eastern District of New York in Brooklyn, but...

  • NEW YORK, Oct 9- U.S. long-dated and benchmark Treasuries yields hit their lowest levels in over a year on Thursday, while short-dated yields hit their lowest in over a month after traders digested the view the U.S. Yields rose from their lows, however, after Labor Department data showing initial claims for state unemployment benefits fell to 287,000 in the week...

  • TORONTO, Oct 3- Iamgold Corp said on Friday it will sell its niobium mine in Quebec to a group of companies led by private-equity investment firm Magris Resources for $500 million in cash so that it can focus on its core gold mining business. Toronto- based Magris Resources, led by former Barrick Gold Corp chief executive Aaron Regent, is one of a handful of...

  • Oct 3- Iamgold Corp said on Friday it has agreed to sell its niobium mine in Quebec to a group of companies led by investment firm Magris Resources Inc for $500 million in cash, to focus on its core gold mining business. Magris is acquiring the niobium asset in partnership with Singapore's Temasek Holdings and CEF Holdings Ltd, a Hong Kong- based investment company...

  • TREASURIES-Yields rise ahead of Friday U.S. jobs data Thursday, 2 Oct 2014 | 2:48 PM ET

    *Hong Kong, Ebola concerns cap bond weakness. Treasuries posted their best day since last September 2013 on Wednesday as U.S. bond yields were dragged down by rallying German government debt, weak manufacturing data in Europe and Asia and concerns over how quickly the Ebola virus may spread. "Yesterday there was pretty strong short covering, a lot of people want to...

  • NEW YORK/ PARIS, Sept 25- French oil company Total SA has launched a process to sell its 17 percent stake in the Gulf of Mexico' s Tahiti oil field, which could fetch between $1.5 billion and $2 billion in a deal, according to people familiar with the matter.

  • *Gold eyes key chart support at $1,180/ oz, June 2013 low. LONDON, Sept 22- Gold slid to its weakest since early January and silver to a four-year low on Monday as speculation that the Federal Reserve will start its rate-tightening cycle sooner than expected fuelled selling of precious metals.

  • TORONTO, Sept 19- Canada's main stock index took its sharpest one-day hit in seven months on Friday as a broad array of stocks from banks to telecommunications and resource companies pushed it to a 1.7 percent decline for the week.

  • LONDON, Sept 4- The operator of the London gold price benchmark said on Thursday it formally started the process to find a new administrator for the century-old mechanism that will halt the telephone call that four institutions enter twice a day in favour of an electronic solution.

  • LONDON, Sept 2- Gold fell to its lowest in 2-1/ 2 months on Tuesday, breaking through key support at its August lows as stock markets rose and the dollar hit a one-year high against the euro ahead of a European Central Bank meeting this week.

  • LONDON, Sept 2- Gold prices fell on Tuesday, breaking through key support at $1,280 an ounce as stock markets firmed and the dollar hit a one-year high against the euro ahead of a European Central Bank meeting this week.

  • NEW YORK, Aug 29- Treasuries were steady on Friday, pausing a week-long rally, as investors remained focused on next week's highly anticipated European Central Bank meeting.

  • TORONTO, Aug 26- Bank of Nova Scotia and Bank of Montreal posted higher third-quarter profits on Tuesday, benefiting from gains at their traditional Canadian lending arms as well as the impact of buoyant capital markets.

  • TORONTO, Aug 26- Bank of Nova Scotia reported a higher quarterly profit on Tuesday as strength at its wealth management and insurance businesses boosted its bottom line and allowed Canada's No. 3 lender to raise its dividend. Scotiabank also benefited from a C $555 million notable gain from the sale of most of its investment in fund manager CI Financial Corp..

  • TORONTO, Aug 22- Royal Bank of Canada on Friday reported a bigger-than-expected increase in quarterly earnings, driven by strong results from its wealth management and capital markets divisions. Shares in the bank hit a lifetime high of C $82.15 early on Friday before easing 1.2 percent to C $80.67 on a negative day on the Toronto Stock Exchange.

  • Canada's largest bank reported net income of C $2.38 billion, or C $1.59 a share, for the third quarter ended July 31, compared with C $2.29 billion, or C $1.51 a share, a year earlier.