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Thai Stocks, Currency Gain After Court Suspends Prime Minister

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tuesday

TOPSHOT - Thailand's Prime Minister Paetongtarn Shinawatra, known by her nickname "Ung Ing" and ... More daughter of former prime minister Thaksin Shinawatra, gestures as she arrives at Government House in Bangkok on September 6, 2024, ahead of a royal oath-taking ceremony for her cabinet. (Photo by Lillian SUWANRUMPHA / AFP) (Photo by LILLIAN SUWANRUMPHA/AFP via Getty Images)

Thai stocks and the baht gained Tuesday as the Constitutional Court’s move to suspend Prime Minister Paetongtarn Shinawatra from her duties sparked optimism that the ongoing political tensions in the Southeast Asia nation would subside.

In a blow to her less-than one-year old government, the court........

© Forbes