Bangkok

Explosion wounds nine protestors in Bangkok

Bangkok - A bomb thrown early Thursday among anti-government protestors gathered at Makkahawan Bridge in Bangkok wounded at least nine people, one of them seriously, radio reports said. 

2004 tsunami had a precedent 600-700 years ago: Nature Magazine

Bangkok - The 2004 tsunami that devastated northern Indonesia and Thailand's Andaman coast had at least one likely precedent about 600 years ago, Nature Magazine said Wednesday.

Two groups of scientists have found sedimentary evidence for possible predecessors to the 2004 catastrophe on Phra Thong Island, Thailand and in Aceh, Indonesia, suggesting that a similar-sized tsunami occurred in 1400 AD, predating any historical records.

The December 26, 2004 tsunami, triggered by a 9.2 magnitude earthquake off the coast of Sumatra, took the region by surprise, leaving an estimated 226,000 people dead and missing from 11 countries rimming the Indian Ocean.

Thai shares down 3.49 per cent on instability

Bangkok - Thai shares started strong Wednesday but ended down 3.49 per cent as investors reacted to declines on other bourses in Asia and Europe.

Thais put their faith in judiciary, poll finds

Bangkok - The vast majority of Thai people believe the judicial system is the best means to solve the country's political impasse that has pitted anti-government against pro-government forces for months, an opinion poll revealed Wednesday.

Of 4,988 people surveyed by leading pollster Assumption Business Administration College (ABAC Poll), 92.4 per cent said judicial procedures provided the best solution to Thailand's political woes.

According to ABAC, 80.5 per cent of the respondents also said they wanted all parties to follow last week's Supreme Court ruling that sentenced former prime minister Thaksin Shinawatra in absentia to two years in jail.

Thai shares nose up 2.74 per cent

Bangkok  - Thai shares rose 2.74 per cent Tuesday in a slight rebound that underperformed most other Asian markets.

Thai shares fall 10.5 per cent on regional panic

ThailandBangkok - Thai shares lost 10.5 per cent of their value on Monday, prompting a circuit break at 4 pm, as investors continued to dump equities in panic selling.

The Stock Exchange of Thailand (SET) index ended at 387.43, down 45.44 points or 10.5 per cent, crashing through the 400-point psychological barrier.

Authorities enforced a 30-minute circuit break at 4 pm after the market had tumbled more than 10 per cent.

"Asia fell hard today in region-wide panic selling," said Phuwadon Larpudomsuk, an analyst at Asia Plus Securities.

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