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Search Result for “afternoon tumble”

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BUSINESS

Mideast truce met with market caution

Business, Nareerat Wiriyapong and Somhatai Mosika, Published on 09/04/2026

» Business leaders and analysts gave a lukewarm welcome to the two-week ceasefire deal between the US and Iran, saying the proposed conditions of the truce seem difficult for both sides to agree to, while significant uncertainties remain, particularly ahead of their Islamabad talks on April 10.

BUSINESS

Gold retreats as Fed rate hopes fade

Business, Nareerat Wiriyapong, Published on 03/04/2026

» Gold prices remain under downward pressure after United States President Donald Trump's statement on the ongoing military campaign in Iran, which dampened hopes of an interest rate cut. Analysts predict a key support range of US$4,400 an ounce and 66,900 baht for the domestic price.

BUSINESS

Gold to see long-term downward trend

Business, Nareerat Wiriyapong, Published on 24/03/2026

» The price of gold will be confirmed to be on a long-term downward trend if it fails to stay above US$4,100 per ounce, which could occur this week amid escalating tensions and a prolonged conflict in the Middle East, traders say.

BUSINESS

Gold faces price fall amid rising inflation

Nareerat Wiriyapong, Published on 17/03/2026

» Gold prices could slide below US$5,000 an ounce if rising energy prices and mounting inflation concerns stemming from war in the Middle East prompts the Federal Reserve's meeting this week to signal fewer or no interest rate cuts this year, traders say.

BUSINESS

Fading hopes of quick end to war depress stocks

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 14/03/2026

» RECAP: Asian stocks retreated on Friday as dwindling hopes of a resolution to the war with Iran kept oil prices ‌aloft, though a US waiver allowing purchases of Russian crude helped keep a floor under losses.

BUSINESS

Asian equities endure worst week since March 2020

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 07/03/2026

» RECAP: Asian equity markets steadied on the final trading day of a volatile week, even as the Mideast conflict raged on. With a 6.4% decline, the MSCI Asia Pacific Index had its worst week since March 2020.

BUSINESS

Hong Kong travellers continue to favour Japan despite geopolitical tensions

South China Morning Post, Published on 30/01/2026

» Hong Kong travellers continue to favour Japan as a holiday destination despite ongoing geopolitical tensions between Beijing and Tokyo, thanks to unaffected flight routes and a weaker yen, local industry operators have said.

BUSINESS

Tesla profits tumble on lower EV sales, AI spending surge

AFP, Published on 29/01/2026

» NEW YORK - Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales and increased expenses as CEO Elon Musk ramps up technology investments.

BUSINESS

Gold's blistering rally continues past $5,200 as dollar plunges to 4-year low

Reuters, Published on 28/01/2026

» BENGALURU — Gold broke ​through US$5,200 for the first time on Wednesday, after rising more than 3% on Tuesday, as the dollar plunged to a near four-year low amid persisting geopolitical concerns, ahead of a US Federal Reserve monetary policy decision.

BUSINESS

Lukewarm response to allowing brewers' IPOs

Nareerat Wiriyapong, Published on 08/01/2026

» Analysts were lukewarm on the Stock Exchange of Thailand's (SET) plan to open the door to alcoholic beverage listings, arguing the Thai market has limited growth to attract large-scale brewers.