SE Asia Stocks-Thailand posts biggest intraday fall since August 2015



By Susan Mathew 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. News about the king is closely monitored in financial markets in Thailand, where he is widely revered and where he is seen as arbiter in politics. Anxiety over the king's health and an eventual succession has formed the backdrop to more than a decade of bitter political divide in Thailand that has included two military coups... read more

 
10 October 2016 in World News, Views: 32
Source: Reuters
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