Bangkok Bombs Likely to Shake Investors

A coup, a market crash, and now New Year's Eve blasts in the capital. Thailand's year has not been conducive to investingor tourism

It's not as if foreign investors in Thailand's stock market didn't already have reason to be skittish. As 2006 drew to a close they were still queasy from the roller coaster performance put on by the Stock Exchange of Thailand on Dec. 19 when the country's central bank triggered a market crash by suddenly slapping on foreign exchange controls, only to rescind them a day later (see BusinessWeek.com, 12/19/06, "Emerging Markets Turmoil").

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