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.
Brazilian President Dilma Rousseff’s disapproval rating rose in a Vox Populi poll published today, confirming two separate surveys over the past month that showed faster inflation and slower growth eroding her support ahead of general elections in October.
Charles and David Koch, the billionaire brothers who run Wichita, Kansas-based Koch Industries Inc., added $1.3 billion to their collective fortune yesterday on reports that U.S. industrial production gained more than forecast. The surge elevated their net worth to more than $100 billion, according to the Bloomberg Billionaires Index.
Tata Consultancy Services Ltd., India’s largest software exporter, predicts growth will be stronger this year as customers in the U.S. and Europe, as well as the Asia Pacific region outsource more work.
The Turkish lira’s post-election rally is over as investors shift their focus from Prime Minister Recep Tayyip Erdogan’s victory last month to companies needing to repay their foreign-currency debts, the top forecaster said.