Wednesday, January 09, 2008

Ex-TRT valuables go under the hammer

Ex-TRT valuables go under the hammer

( – The Office of the Attorney-General (OAG) has opened the bidding process of valuables which were seized from the Thai Rak Thai party’s headquarter following its disbandment.

This morning’s bidding session was said to have been attended by several People Power party (PPP) members.

There were altogether 790 items expected to go under the hammer, valued at 1.3 million baht in total.

The cheapest item on offer was a calculator which had a starting price of 10 baht. The most expensive was a truck which had a starting price of 450,000 baht.

Bidding will run for two days from Jan 9-10 at 10a.m. Those interested must register by today.

13:51 Jan 09, 2008

Update : Tokyo stocks rise on bargain hunting

Tokyo (dpa) - The Tokyo stock market ended higher Wednesday as investors scooped up battered shares.

The Nikkei 225 Stock Average gained 70.49 points, or 0.49 per cent, to close at 14,599.16.

The broader Topix index of all first-section issues was also up 21.23 points, or 1.51 per cent, at 1,424.29.

The market lost in morning trading due to overnight US declines, sending Japan's benchmark Nikkei index to an intraday 18-month low.

But investors returned to bargain-hunt in the afternoon session.

On currency markets at midday (0300 GMT), the dollar was quoted at 109.04-07 yen, down from Tuesday's 5 pm quotes 109.42-45 yen.

The euro was quoted at 1.4713-18 dollars, down from Tuesday's 5 pm quote of 1.4720-23 dollars, and at 160.42-47 yen, down from 161.10-14 yen.

13:33 Jan 09, 2008

Lawyer : Potjaman refuses to give interviews

( - Potjaman Shinawatra, wife of ousted premier Thaksin, will not give interviews until after she appears at the first court hearing on Jan 23, her lawyer Pichit Chuenban said Wednesday.

He added that she will not engage in any movement until that day.

Security in front of the Shinawatra's residence is stepped up after Khunying Potjaman returned to Thailand on Tuesday morning to fight corruption charges against her and her husband.

It is, however, unconfirmed whether Khunying Potjaman and her three grown-up children are home.

11:33 Jan 09, 2008

Ratchada fire area declared danger zone

( – Bangkok governor Apirak Kosayodhin has inspected the scene of the blaze at Cyber World Tower on Ratchadaphisek Road which went up in flames in the early hours of this morning after the fire from the old Tokyu Department store spread to adjacent buildings.

Mr Apirak had held talks with architects and town planners and urged them to assess the building’s safety following fears the fire could have caused the building’s structure to become unstable and possibly collapse.

“For now, this area will be declared a danger zone at least for the next 30 days,” he said. “In the meantime, we will continue to make plans for how best to clean up the rubble.”

As for the origin of the flames, the Bangkok governor said initial findings pointed to floors 8-10 of the B buidling as being possible locations.

Investigators are still determining the cause of the blaze.

11:25 Jan 09, 2008

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