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Asia Top News and Analysis Thailand


  • Thai PM Adviser Agrees to Be Finance Minister Tuesday, 6 Mar 2007 | 12:38 AM ET

    Economic think-tank chief Chalongphob Sussangkarn has agreed to become finance minister of Thailand's military-appointed interim government, the Nation newspaper reported on Tuesday.

  • Search for New Thai Finance Minister Begins Thursday, 1 Mar 2007 | 9:37 PM ET

    The search for a new Thai finance minister will take several days, Prime Minister Surayud Chulanont said after the shock departure of his economic tsar further eroded the government's shaky credibility.

  • Thai Central Bank Head Warns Against Big Baht Rise Sunday, 21 Jan 2007 | 11:47 PM ET

    The key to sustaining economic growth in Thailand is to keep the baht from rising too much against other currencies, although other steps are also needed, central bank Governor Tarisa Watanagase said Monday.

  • Thai Stocks Slide in Reaction to New Year's Eve Blasts Wednesday, 3 Jan 2007 | 5:38 AM ET

    Thai stocks tumbled as much as 3.8% in the afternoon trading session Wednesday amid worries that a string of bombings over New Year's would further shake investor confidence in the Asian nation.

  • Thailand to Review Capital Control Measures in January Thursday, 28 Dec 2006 | 11:56 PM ET

    The Bank of Thailand will monitor trading in the baht and review the impact of its tough capital control measures in mid-January, Bank of Thailand Governor Tarisa Watanagase said Friday.

  • Thai stocks are over 2% lower in the afternoon session Thursday.  Despite the disastrous intervention to halt the rise of the baht, army-appointed Thai Prime Minister Surayud Chulanont stood by his finance minister and central bank chief .

  • Emerging Market Funds: The Thai Impact Tuesday, 19 Dec 2006 | 1:11 PM ET

    Hedge funds and mutual funds have poured big money into emerging markets. Which funds have the biggest exposure, if the “Thai Financial Flu” spreads? CNBC’s Melissa Lee investigated – and revealed her findings on today’s “Power Lunch.” Certainly with emerging markets on such a run recently, this is an area where many investors have seen increasing exposure.

  • Thai Markets: Fear Of Another Asian Contagion? Tuesday, 19 Dec 2006 | 12:17 PM ET

    As we’ve been telling you--a dramatic turn of events in Asia overnight sent Thailand's stock market plunging more than 15%. That country's government imposed capital controls in an effort to curb appreciation of the Thai currency--the Baht. The market reaction was so brutal, that just a few hours ago—Thailand’s government started to back-peddle.....