THE WALL STREET JOURNAL: BANGKOK—Hard-line Thai protesters set fire Wednesday to the country's stock exchange, shopping malls and a television station, while Thai authorities called an 8 p.m. curfew, casting doubt on the prospects for a resolution to the country's weeks-long political crisis despite the surrender of protest leaders earlier in the day.
Thai Red Shirt protest leaders called off their marathon rally and surrendered to police Wednesday after an early morning army assault on their heavily fortified camp in the center of Bangkok.
But in the midafternoon, smoke could be seen billowing from the Stock Exchange of Thailand's headquarters as helicopters buzzed in the sky above. Though trading has been taking place at a different, undisclosed location in recent days, stock-exchange officials said markets would be closed Thursday. Earlier in the day, Thailand's benchmark index finished up 0.7% on hopes for a quick resolution. Authorities also said commercial banks around the country would be closed Thursday and Friday.
Thick plumes of smoke rose across other locations in the city as militant protesters targeted some of Bangkok's main commercial centers. In other parts of Thailand, local television broadcast pictures of antigovernment demonstrators setting alight a provincial government building in northeastern Khon Kaen. >>> James Hookway | Wednesday, May 19, 2010
