Thailand

Thai shares up, but not up to expectations

Bangkok  - Thai shares jumped 5.13 per cent in value Tuesday, up, but not up to expectations, analysts said.

The Stock Exchange of Thailand (SET) index ended at 500.71, up 24.44 points or 5.13 per cent.

"International factors pushed the market up but prices didn't go up as high as expected," said Mongkol Phuangphaetha, a stock analyst at Adkinsons Securities.

"Perhaps there was some hesitancy to buy because of fears of a clash with Cambodia," he added.

Cambodian Prime Minister Hun Sen on Monday warned Thailand to withdraw its troops from a disputed area around the Preah Vihear temple on the Thai-Cambodian border by Tuesday or face a fight.

Thailand has withdrawn troops from border, says Cambodia

Thailand has withdrawn troops from border, says Cambodia Phnom Penh - Thai troops have withdrawn from a disputed northern border area near a sacred ancient temple after threats of war from Prime Minister Hun Sen, Cambodian authorities said Tuesday.

Director-general of Cambodia's Preah Vihear National Authority Hang Soth said by telephone that Thai troops had moved their camp back from an area near the 11th century Preah Vihear temple Tuesday morning, just an hour before the midday deadline set by Hun Sen for when he would order Cambodian troops into battle

Thailand says it will defend itself from Cambodian 'use of force'

Thailand says it will defend itself from Cambodian "use of force" Bangkok - Thailand on Tuesday said the country would defend itself from any Cambodian "use of force," while expressing "surprise" at Cambodian Prime Minister Hun Sen's ultimatum to remove its troops from a disputed border area or face a "large-scale conflict."

Thai shares soar 5.39 per cent on regional rebound

Bangkok  - Thai shares jumped 5.39 per cent in value Monday on regional and European rebounds as confidence returned somewhat to equity markets.

Cambodia says Thai troops turned back from mine blast site

Cambodian Foreign Minister Hor NamhongPhnom Penh - Cambodian Foreign Minister Hor Namhong said Monday that Thai troops had been turned back during an apparent attempted foray to view the area where two Thai soldiers were severely wounded by landmines just days earlier.

Hor Namhong said he had received word of the brief standoff during his several-hour-long meeting with his Thai counterpart Sompong Amornviwat in the capital which focused on resolving a simmering border dispute.

Cambodia warns Thailand its patience wearing thin over border spat

Cambodia warns Thailand its patience wearing thin over border spatPhnom Penh - A meeting between the Thai and Cambodian foreign ministers over an ongoing border dispute led to pledges for further meetings but a warning from Cambodia that its patience was finite, Cambodian Foreign Minister Hor Namhong said Monday.

Hor Namhong and his Thai counterpart Sompong Amornviwat met for several hours but achieved little more than a promise of a joint border task force meeting for late October, the Cambodian side said.

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