South Korea's consumer confidence rebounded in May after five straight months of decline since December.<br /> The Bank of Korea says,... the country's consumer sentiment index rose to 1-hundred-7-point-nine in May,... up zero-point-eight points from the previous month.<br />A reading above 100 means... there are more optimists than pessimists about the economic conditions in the coming months.<br />The central bank attributed the boost to the recent thaw in inter-Korean relations and prospects for a North Korea-U.S. summit next month.<br />It added that eased concerns over a possible trade clash between the U.S. and China also supported the turnaround. <br />
