Posted inAT FinanceMalaysiaSingaporeThailand

Economic Monitor: Thailand’s rearguard royal maneuvering

After a brief selloff with King Bhumipol’s death following years of ill health, Thai stocks rebounded along with the currency, as the MSCI index gained 23% through mid-October. Bond outflows were also a record $1 billion in the wake of the announcement, on foreign fund inflows this year over $10 billion, according to Bloomberg data. […]