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 Stocks
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20 Dec 06 03:41
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Thai Stocks Rebound After Government Scraps Currency Rules
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Vipin Wilson
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Bangkok, Dec 20: Thailand's stock market opened nearly 9 percent higher Wednesday, recovering from a historic fall that shook regional markets and sparked concerns over another Asian financial crisis.
Shares on the Stock Exchange of Thailand jumped 8.9 percent to open at 677 after the market tumbled nearly 15 percent the day before in reaction to new rules restricting foreign investment aimed at stemming the baht's surge.
In the wake of the market turmoil, Thai authorities lifted controls...
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