Asian stocks fell, with the regional benchmark index declining to a three-week low, amid concern signs of improvement in the U.S. jobs market will prompt the Federal Reserve to bring forward cuts to stimulus.
Thailand’s economy has withstood coups and regime-changing protests for decades, luring manufacturers including Toyota Motor Corp. even when turmoil dented stocks and the baht. This time may be tougher.
Anti-government protesters entered the grounds of the Thai prime minister’s office and Bangkok’s police headquarters without facing resistance from the police, easing tensions after more than two days of street clashes.
Thai protesters said they will seize Bangkok’s police headquarters today after failing to secure the facility yesterday, signaling their month-long effort to oust Prime Minister Yingluck Shinawatra may be losing momentum.
Thai police said they will tighten security around the nation’s parliament on concern protesters will use today’s Senate vote on an amnesty bill as a pretext to incite violence to try and destabilize the government.