Daily Debrief: Christmas Eve Edition
Stories you might have missed
Singapore's manufacturing output falls 5.5% in November
Singapore's manufacturing output declined 5.5 per cent year-on-year in November, dragged down by a weaker transport engineering cluster and a fall in electronics output.
Police report lodged on potentially irregular transactions at Singapore River Explorer
Information directory firm Global Yellow Pages Limited said that it has lodged a report with the Commercial Affairs Department of the Singapore Police Force in relation to potentially irregular transactions in its subsidiary, Singapore River Explorer.
Raizen, Wilmar plan venture to be Brazil's top sugar exporter
Raizen Energia SA and Wilmar International Ltd plan to establish a sugar venture in Brazil to rival the partnership between Cargill Inc and Copersucar SA, the nation's leading exporter this year.
Hot stock: Interplex Holdings' shares surge after takeover offer
Shares in Singapore-listed Interplex Holdings surged over 11 per cent at the start of trading on Thursday after a takeover offer from Baring Private Equity Asia.
Beatles end streaming boycott in time for Christmas
The Fab Four's full catalogue will be available on all major services including leader Spotify, removing the most glaring musical absence from the booming sector of streaming that allows unlimited on-demand music online.
Holiday shoppers love the gift that's never returned
As the holiday shopping season comes to a close, procrastinators still have one fail-safe option: gift cards.
US Christmas lights use more energy than entire countries
Bright lights strung on American trees, rooftops and lawns account for 6.63 billion kilowatt hours of electricity consumption every year, according to a recent blog post by the Center for Global Development. That's more than the national electricity consumption of many developing countries.
Austrian radio jockey punished for playing 'Last Christmas' 24 times
An Austrian radio station has punished one of its moderators after he locked himself in the studio only to play the song' Last Christmas', a cult hit from the 1980s by British band Wham!, 24 times in a row.
The STI Today
Singapore shares close 0.5 per cent higher on Thursday
Singapore stocks closed 0.5 per cent higher on Thursday, with the Straits Times Index (STI) gaining 13.97 points to 2,877.62 at the end of a shortened trading session.
Wishing all readers of The Business Times a Merry Christmas. The Daily Debrief will return on Dec 28, Monday.
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International
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month
China firms are investing abroad at fastest pace in eight years
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs