SE Asia Stocks-Thai stocks tumble after palace statement on King's health



Oct 10 Thai shares fell 3.6 percent on Monday in their biggest intraday percentage drop since August 2015 after the palace said late on Sunday that King Bhumibol Adulyadej's health was in an unstable condition after receiving haemodialysis treatment. It is unusual for the palace to state that the king's health is not stable. Statements on his health are usually issued after the monarch's condition shows improvement or when he is recovering from an illness. Anxiety over the king's health and an eventual succession has formed the backdrop to more than a decade of bitter political divide in... read more

 
10 October 2016 in World News, Views: 31
Source: Reuters
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