Bank of Nova Scotia, Canada’s third- biggest lender by assets, said quarterly profit rose 12 percent as contributions from its takeover of ING Groep NV’s Canadian business led to record earnings in domestic consumer lending.
The leader of Thailand’s anti- government protests called for a nationwide demonstration on Monday, Dec. 9, and said marches would end that day if they failed to oust Prime Minister Yingluck Shinawatra.
Most Asian stocks fell, with the regional benchmark index posting its biggest weekly drop since August, as improving U.S. economic data fueled speculation the Federal Reserve may bring forward stimulus cuts.
Rubber advanced for a second week as robust car sales in China and the U.S. boosted demand prospects for the commodity used in tires and Japan’s currency weakened against the dollar ahead of U.S. jobs data.
Most emerging-market stocks declined, with the benchmark index heading for the first weekly slide in a month, as Thai shares retreated amid political protests and investors weighed the outlook for U.S. stimulus. The baht fell.