Bangkok’s Democracy Monument was erected to commemorate the 1932 coup that ended Thailand’s seven-century reign of kings, and became a rallying point last year for protesters seeking to oust the government. Now, the landmark’s builder is going abroad for the first time in its 84- year history as political instability saps demand at home.
Japanese stock-index futures rose as the Standard & Poor’s 500 Index capped its biggest weekly advance since July amid easing tensions over Ukraine and better- than-estimated earnings from companies from General Electric Co. to Morgan Stanley.
The dollar strengthened for a fifth day against a basket of major peers as an agreement to start de- escalating the conflict in Ukraine sent stocks higher and pushed Treasuries down the most in a month.
The Standard & Poor’s 500 Index capped its biggest weekly advance since July and Treasuries fell the most in a month as tensions eased over Ukraine and earnings from General Electric Co. and Morgan Stanley topped estimates.