THAILAND

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Gold steady as consumers offset waning fear factor

Gold held above $1,200 an ounce on Thursday, having recovered from six-week lows after consumers were enticed back into the market, although gains were likely to be tempered by improving optimism over the global economy.

Gold extends rebound on equities, physical buying

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Gold rose to hold above $1,200 an ounce on Thursday on steady purchases from jewelers and other physical buyers after a recent drop to a six-week low, while sentiment was also lifted by gains in equities markets.

Gold rises on physical buying

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Gold rose slightly on Tuesday after a recent drop in prices spurred buying from jewelers in Asia, but a firmer U.S. dollar and volatile stock markets could prompt speculators to sell bullion to cover losses. Gold's failure to revisit a recent record could also spur some selling, though dealers expected jewelers to snap up the metal at lower levels. Platinum fell to its weakest since late May on lower equities, while palladium saw bargain buying after recent declines.
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Emerging market M&A gains share on West

A burst of corporate acquisition activity in Asia shows that executives throughout the region are gaining confidence in their financial outlook and expansion strategy, with cross-border deals on the upswing.
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Ahmedabad to replace London in bullion trade?

Will Ahmedabad replace London as the location for clearing houses for the world bullion trade. If noted expert on bullion market Bhargava N Vaidya's words are of any value, Mumbai and Ahmedabad are better suited for the location for bullion trade clearing houses rather than Loddon.
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Is recovery around for sinking sugar stocks?

Once engorged to peak levels, the sugar prices have recently bottomed out at ten-month low levels on weak demand due to monsoon season and anticipation of higher-than-expected sugar production this year trimming the gains of the sugar stocks on the bourses.
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Laos set for capitalist leap into stock market

Isolated for decades behind Asia's bamboo curtain, communist Laos will soon take a great leap into the global capitalist marketplace with the launch of a stock exchange to fuel a quiet mining and hydro-power boom.
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Asian Gas Market Starting to Heat Up

Asia is one of the more interesting gas markets in the world. Places like Thailand and its southeast Asian neighbors have seen phenomenal demand growth over the last several years. Total has said they're in Thailand for gas. (Part of the reason I believe Thai shale gas may become an interesting play over the coming years.)
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New Bangkok travel advice

As political tensions rise in Thailand, the Foreign and Commonwealth Office has advised non-transit passengers not to travel to Bangkok.
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HIV among gay, bisexual men at alarming highs in Asia

(Reuters) - HIV prevalence among gay and bisexual men has hit alarming levels in Asia and most of them do not have access to services and care due to punitive laws which drive them underground, a U.N.-backed report said on Monday.
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Toyota to close Thai plant as crisis hit sales

Toyota Motor Corp said it would close one of its four vehicle plants in Thailand as the economic crisis hammered exports, in a rare move for what was until a few years ago the world's fastest-growing carmaker.
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FAO forecasts 4% rise in global rice output

The United Nations' Food and Agriculture Organization (FAO) has forecasted 4% increase in the global rice output this year with the expected production of 643 million tons of rice in Asian region.
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ADB Launches $9 Billion Plan for Solar Energy in Asia

The Asian Development Bank launched a $9 billion solar power initiative to develop projects generating 3,000 megawatts by 2012. The announcement, which came at the regional lending agency's annual meeting in Tashkent, Uzbekistan, said that Central Asian countries would be prime candidates for siting the projects.
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Euro zone warned of contagion

European leaders warned on Wednesday that the euro zone debt crisis could spread like a bushfire beyond Greece, and investors sold stocks and the euro as Greek anti-austerity unrest claimed its first lives.
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Greek woes hit Asian shares, euro down

A tumble in global stocks spread to Asia on Wednesday as fears heightened that Greece's debt woes could spread to other countries, which pushed the euro down to one-year lows against the dollar.
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Robust U.S. data buoys dollar, stocks subdued

The dollar rose on Tuesday as U.S. data showed factories running at their fastest pace in nearly six years, but stocks gains were reined in by worries about Greece's bailout and China's policy tightening.
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Euro, stocks fall on Greece bailout fears

The euro dropped on Monday and stocks fell on fears that a 110 billion euro bailout of Greece will face stiff political challenges, while fresh steps by China to cool its economy added to near-term uncertainty.
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Euro sinks, stocks fall on Greece bailout worries

The euro sank nearly 1 percent on Monday and stocks fell on fears that a 110 billion euro bailout of Greece will face stiff political challenges, while fresh steps by China to cool its economy added to near-term uncertainty.

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