1. SYDNEY — The Australian dollar is holding steady in quiet trade ahead of the Christmas holiday period. At 0700 AEDT on Thursday, the local unit was trading 72.41 cents, level with its local close on Wednesday.
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| A Takata airbag inflater. Some inflaters have been prone to explosions. |
2. SYDNEY — And the Australian market looks set to open higher, following gains of around one per cent on Wall Street. At 0649 AEDT on Thursday, the March share price index futures contract was up 64 points at 5,162.
3. WASHINGTON — A gauge of US business investment plans fell in November and the prior month’s increase was revised sharply lower as the drag on manufacturing from a strong dollar and spending cuts in the energy sector showed little sign of abating.
4. LONDON — Britain’s economy grew less strongly than previously thought in much of 2015, according to official data that is likely to surprise the Bank of England as it ponders when to raise interest rates.
5. WASHINGTON — US transportation officials say they have confirmed an eighth US death due to an explosive airbag made by Japanese car parts maker Takata.
6. BELEK, Turkmenistan — Turkmenistan on Wednesday completed a pipeline that can ship gas from the world’s second largest gas field to the West or, alternatively, boost eastbound shipments to China and, in future, to Pakistan and India.
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