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Gold
3234.11
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62.891
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147.187
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1.33047
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GBP/JPY
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Real-time News
On May 14, Hang Seng Bank (00011.HK) reportedly carried out a more extensive layoff operation since the bonus was distributed in late March. The reduction in individual departments of Hang Seng is about 10% to 50%, and the layoff operation is expected to be completed by the end of June. According to reports, Hang Seng Bank has laid off employees in many departments since March. At this stage, it mainly involves the logistics support department, including the strategy and corporate development department. In addition, the layoff departments also include the information technology department, corporate communications department and Hang Seng Index Company. According to reports, even if employees in the affected departments have not been fired, they have to reapply for the position and compete with internal and external applicants. However, even if you apply for a position in the original department, the title may have changed due to the reorganization. Currently, Hang Seng is recruiting more than 100 positions, and the relevant employees can apply for any position at will.Samsonite (01910.HK) fell nearly 10% after the results. The companys adjusted EBITDA in the first quarter decreased by 20.9% to US$128 million.Smoore International (06969.HK) rose more than 7%, and its share price once reached HK$17 during the session, setting a new high since August 2022.The rupiah fell as much as 0.45% to 16,585 against the dollar, its lowest level since May 2.On May 14, Goldman Sachs said that after an internal analysis of Trumps social media posts on oil prices, it was found that Trump seemed to prefer to maintain WTI oil prices between $40 and $50 per barrel. Analysts such as Daan Struyven said: "Trump has always been very concerned about oil and US energy dominance. He has posted nearly 900 related tweets. Through analysis, we infer that his preference for WTI oil prices is around $40 to $50, which is also the range in which he talks about oil prices the least frequently." The prices of US and Brent crude oil are often affected by Trumps social media remarks. His comments range from OPECs production policy, US gasoline prices to sanctions on countries such as Iran. The report pointed out: "When WTI prices are above $50, Trump usually calls for price cuts (or welcomes the drop in oil prices); when oil prices are very low (below $30), he calls for higher oil prices, usually to support domestic oil and gas production in the United States."
