Rogue general dies, Thai crisis spreads as death toll reaches 64

The crisis in Bangkok has spread from Bangkok to the provinces outside the capital, worsening the country’s already precarious political crisis and sending reverberations through the Thai markets. The Thai baht has dropped to a seven-week low, the main stock index fell 2 per cent at a two-week low, and credit default swaps on government debt jumped the most in a year, according to data compiled by Bloomberg.

Meanwhile, the FT reports a renegade army general who was shot in the head by a sniper on Friday has died and the death toll from fighting between the Thai military and anti-government protesters has reached 64. It is unclear how or when the fighting will stop as protesters ratchet up the tensions, pledging to stand their ground.

The Financial Times