Local news

5 hurt as chunks of concrete fall off city centre building

  FIVE pedestrians were injured, with three of them rushed to the hospital, after chunks of concrete from a 10-storey building in front of Soi Kasemsan 1, Rama 1 road, suddenly fell to the pavement below, Sanook.com and Amarin TV said this afternoon (Jan. 22). Firemen from Banthat Thong station and Pathumwan district office quickly

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Traders and politicians make risky arguments about low interest rates

  The Wall Street bulls embracing sky-high stock values and the Washington pols embracing big deficits may be ideological opposites, but they have something important in common. Both draw sustenance from near-zero interest rates which make stocks more valuable and debt more supportable. And both risk taking this basically sound logic to extremes. The rally

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