Markets reflect fears on health of Thai king

A scare over the health of Thailand’s king has delivered a blunt lesson to investors about political risk in a country where many see the revered monarch as the sole hope of reconciliation in an increasingly fractured society. The palace tried to combat rumours about the 81-year-old king’s health with a statement on Wednesday evening, saying his condition was improving after almost a month in hospital with fatigue and breathing problems.

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