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FTSE 100 posts best day in six months as stock market rally continues – as it happened
21+ min ago (1589+ words) Rolling coverage of the latest economic and financial news, as shares in London hit new peak "Confidence is easy to knock, hard to rebuild, and a powerful force when it comes to market performance. Currently London's blue-chip index is surfing…...
Amid disappointing US manufacturing figures, USD/JPY declines to approximately 156.30, decreasing by 0.40%
28+ min ago (492+ words) The US Dollar initially gained from geopolitical tensions but fell due to weak US manufacturing data. The Institute for Supply Management Manufacturing PMI showed a decline to 47.9 in December, marking a third consecutive decrease, affecting the Dollar's appeal. The US…...
Chip stocks jump on AI optimism; Dow ends at record high
37+ min ago (633+ words) Traders working on the floor of the New York Stock Exchange, in New York City, on Jan 6. Published'Jan 07, 2026, 05:53 AM Updated'Jan 07, 2026, 05:54 AM NEW YORK - Wall Street ended higher on Jan 6, as chip stocks surged on renewed AI optimism, Moderna rallied and…...
Kenya's economy grows 4.9 pct in Q3 2025
48+ min ago (183+ words) Wednesday, 07 Jan 2026 NAIROBI, Jan. 6 (Xinhua) -- Kenya's economy grew by 4.9 percent in the third quarter of 2025, up from 4.2 percent in the same period of 2024, the Kenya National Bureau of Statistics (KNBS) said on Tuesday. According to the KNBS, the growth was…...
Trump may be raising your taxes with his tariffs but he could actually cut inflation with them, too, SF Fed says
49+ min ago (349+ words) But what if tariffs actually cut inflation instead? "Our analysis of historical data highlights a possibility that the large tariff increase of 2025 could put upward pressure on unemployment while putting downward pressure on inflation," authors Regis Barnichon and Aayush Singh…...
Nigeria’s poverty level to rise to 62% in 2026 – PWC
52+ min ago (267+ words) The Nigeria Economic Outlook 2026 by PwC has projected that poverty levels in Nigeria will drop significantly, with as many as 141 million Nigerians or about 62 per cent of the population, expected to be living in poverty by 2026. According to the report…...
Irish 2025 budget surplus tops forecast at 3.7% of national income
55+ min ago (354+ words) Global Banking and Finance Review DUBLIN, Jan 6 (Reuters) - Ireland recorded a budget surplus of 12.4 billion euros ($14.5 billion) or 3.7% of modified gross national income in 2025, the finance ministry said on Tuesday, above the 3% it had forecast in October after a further…...
Inflation running too hot for comfort ahead of snapshot
58+ min ago (29+ words) The Reserve Bank will keep a keen eye on rent, construction and services costs in 2026's first inflation update as it mulls a rate hike at its next meeting....
German inflation estimated at 2.2 pct in 2025
1+ hour, 12+ min ago (203+ words) Wednesday, 07 Jan 2026 BERLIN, Jan. 6 (Xinhua) -- The price growth in Germany slowed more than expected to 1.8 percent in December 2025, preliminary data showed on Tuesday, putting annual inflation at 2.2 percent for 2025. According to the Federal Statistical Office (Destatis), the December reading eased…...
Fed Research Warns of Economic Risks as S&P 500 Hits High Valuations
1+ hour, 40+ min ago (252+ words) Investor hopes for continued gains are tempered by the risk that stock market strength does not reflect overall economic health. Inflation remains a concern despite falling interest rates, and consumer spending has shown signs of strain. Additionally, the labor market…...