US home price index rises less than forecast

Note: This section contains information in English only.
Source: RTT News
© Scanpix/RS
US home prices in major metropolitan areas increased by a lower rate than economists initially estimated in July, the annual rate matched the expectations though, Standard & Poor's reported on Tuesday. The S&P/Case-Shiller 20-City Composite Home Price Index added 0.6% on a monthly basis in July after it rose 0.9% in the month before.

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Tue, 24 Sep 2013 20:20:03 GMT

European stocks rise amid telecommunications companies gain

European shares increased on Tuesday after they dropped two days in a row, when the increase was led by the telecommunication sector overshadowing consumer confidence in the US matching initial forecast. The benchmark Stoxx Europe 600 Index gained 0.2% to 313.2 and it has advanced 5.3% in September and 12% so far this year.

Tue, 24 Sep 2013 19:58:04 GMT

WTI drops to 6-week low on Tuesday

West Texas intermediate oil declined to its lowest level in a six-week period on Tuesday on speculations that relations between US and Iran are improving and as concerns about American strike on Syria are decreasing. WIT for delivery in November dropped 0.7% to $102.86 a barrel as of 12:18 pm on the NYMEX after it touched its lowest level since

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