SE Asia Stocks-Thai stocks sink to 7-month lows on concerns over security, king
By Susan Mathew Oct 12 Thai stocks fell nearly 7 percent on Wednesday to their lowest in seven months after police warned of a bomb plot in Bangkok and on concerns about the health of 88-year-old King Bhumibol Adulyadej. Police said on Tuesday they have increased security at major landmarks in the capital, at airports and in surrounding provinces following reports of bomb plots just weeks after deadly attacks rocked the country's south. The tourism industry, which accounts for about 10 percent of Thailand's economy, has weathered more than a decade of political unrest, including two... read more
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