US consumer confidence drops in September

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Source: RTT News
© Scanpix/AP

Consumer confidence in the US decreased in the month of September due to concerns about the short-term jobs and earnings resurfacing outlook, a report released by the Conference Board showed on Tuesday. The Conference Board's consumer confidence index fell from 81.8 recorded in August to 79.7 the following month, while it was originally expected to fall from 81.5 to 80.0.


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Tue, 24 Sep 2013 19:36:04 GMT

S&P's South Korean rating retains

The Standard & Poor's rating of South Korea stayed unchanged on Tuesday mainly due to a favorable policy environment, fiscal and net external creditor position, a report released by the rating agency revealed today. South Korean foreign-currency credit rating maintained at A+/A-1, while local-currency rating retained at AA-/A-1.

Tue, 24 Sep 2013 16:08:04 GMT

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