Asia Top News and Analysis Thailand

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    By several measures, Asian currencies are bargains - but be careful.

  • Yingluck Shinawatra, the opposition Puea Thai party candidate and sister of fugitive Thai ex-prime minister Thaksin Shinawatra, speaks during a press conference after becoming the Southeast Asian kingdom's first female prime minister.

    With Thailand recovering from the worst flooding to hit the country in decades, Prime Minister Yingluck Shinawatra says the government is serious about solving the country's long-term problems and will invest in water management to ensure such flooding doesn't happen again.

  • PATUM THANI, THAILAND - OCTOBER 14: Thai soldiers help residents onto a military truck as floods continue to hit Pathum Thani province on October 14, 2011 in Pathum Thani, north of Bangkok,Thailand. Crews of public workers, soldiers and volunteers are evacuating residents from flooded areas north of Bangkok as efforts continue to protect the capital from increased rainfall and rising tides during the worst floods to hit the country for decades.

    Troops and army trucks are rolling through the streets of Bangkok again. This time it is not to battle protesters or overthrow a prime minister, but to help flood-hit civilians. The NYT reports.

  • Residents walk on an elevated walkway that uses shopping center caddies flooded north-west Bangkok.

    Bangkok residents, unfazed by the floods that have created water levels as high as three feet, kept their businesses and transportation open. The Christian Science Monitor reports.

  • Hard Times for Hard Drives?

    Heavy flooding in Thailand is forcing many factories to close production of hard drives. So is it time to get out of hard-drive makers? Jayson Noland, Robert W. Baird, and Grady Burkett, Morningstar, discuss.

  • Flood waters surround an industrial complex October 20, 2011 in the neighboring provinces of Bangkok, Thailand.

    Three weeks after monsoon run-off swamped more than 1,000 factories across central Thailand, the brown, corrosive floodwaters have only slightly receded, leaving the world’s largest computer makers without a reliable forecast about when crucial parts will be available once again. The NYT reports.

  • In spite of the Thai government's warning that the world's largest exporter of rice could lose as much as a quarter of its crop because of the floods, analysts tell CNBC the potential shortfall is unlikely to impact prices.

  • A Bangkok suburb is flooded October 25, 2011 in Bangkok, Thailand.

    Thailand announced a five-day holiday on Tuesday to give people the chance to escape floods closing in on Bangkok as the prime minister warned that the capital could face an inundation of 1.5 metres (nearly five feet) of water if barriers collapsed.

  • Thai Finance Minister Sees Speedy Recovery

    Thai Finance Minister Thirachai Phuvanatnaranubala tells CNBC he is confident the Thai economy could still achieve GDP of 2% despite the floods.

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    Emerging market central banks have a busy week ahead. Here's how to trade on the upcoming meetings.

  • Qantas Airways says it is canceling and delaying dozens of flights because of a strike by its ground workers and engineers. The Australian carrier says 8,500 domestic and international passengers will have their flights disrupted by Friday's strikes. Qantas says 39 flights will be delayed and two flights canceled.

  • Zhu Min, deputy managing director of the International Monetary Fund (IMF), speaks during a panel discussion at the World Economic Forum (WEF) Annual Meeting of the New Champions in Dalian, China.

    The appointment of a former Chinese central bank official, Zhu Min as a deputy managing director at the IMF was meant to increase Asia's voice at the Fund. But some current and former policymakers, say the region remains under-represented.

  • Gold

    The price of gold could almost double as central banks' reserves are depleted, according to the chairman of a gold industry association.

  • Corn

    Corn and sugar prices may have rallied on Tuesday, but for investors looking to profit from an agricultural trade, one analyst is putting his money in corn, over sugar.

  • Yingluck Shinawatra greets the media before giving a celebration speech at the Pue Thai party headquarters July 3, 2011 in Bangkok, Thailand. Early exit polls put Yingluck, the sister of ousted former leader Thaksin Shinawatra ahead as Thai Prime Minister Abhisit Vejjajiva concedes the election. The apparent election result paves the way for Yingluck Shinawatra to become Thailand's first female prime minister.

    The decisive win by Thailand's opposition Pheu Thai party may have removed some uncertainty over the country's political future, but questions remain over the country's economic outlook, analysts told CNBC on Monday.

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    Thailand’s fugitive former Prime Minister Thaksin Shinawatra has described his sister Yingluck as his “clone.” But the 44-year-old, who hopes to become the country’s first woman prime minister representing the opposition Pheu Thai Party in the July 3rd elections, insists that she takes decisions independently.

  • Women use mobile phones during a break at an office building in Bangkok.

    Friday’s inflation data from China and India showed accelerating inflation. At the same time, real interest rates in a number of the world’s major economies still remain negative. Investors buying fixed-income securities such as government bonds risk earning negative real yields. But JPMorgan and Macquarie securities have found a telecom stock each that pays a 9 percent dividend.

  • Japan is beginning to look like an emerging market in the sense that its valuations "are getting very attractive," said Templeton Emerging Markets Executive Chairman Mark Mobius.

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    Central banks can only slow, not stop, currencies from moving when fundamentals dictate a shift. That means you, Malaysia and Thailand.