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Srettha's Premier Vote Win May Spur More Gains in Thai Assets

(Bloomberg) Former property tycoon Srettha Thavisin won the parliamentary vote to become Thailand’s new prime minister, raising hope for a further rally in the country’s assets after being battered for months due to political stalemate.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateQuant Trader Doubles Fortune to $11 Billion as XTX Prof ....

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Investors in Thailand face bumpy ride until new govt sits

BANGKOK (Bloomberg): Thailand’s financial markets are set for a bumpy ride as investors may have to wait until August to find out whether a coalition of pro-democracy parties can take government after concerns about political jostling triggered the steepest post-poll selloff in two decades. ....

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Markets fear long post-poll vacuum

Volatility is rising in the country’s financial markets amid concern that investors will have to wait until August to find out whether the Move Forward-led coalition will really be able to form a new government. ....

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