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The Reserve Bank of Australia will announce its interest rate decision in ten minutes.On August 12th, rumors circulated that former Honor CEO Zhao Ming had joined Zhijie Auto. This morning, Zhao Ming denied the rumors. "I dont know anything about these rumors," he said. On January 17, 2025, Zhao Ming resigned as CEO of Honor Terminal Co., Ltd. due to health reasons.JPMorgan Chase: Raised Micron Technology (MU.O) price target from $165 to $185.On August 12, Tai Sheng Group (00687.HK) announced that based on the preliminary review of the groups unaudited consolidated management accounts for the six months ended June 30, 2025 and the managements preliminary assessment of the relevant management accounts, the group expects to record a net profit increase of approximately HK$34 million for the six months ended June 30, 2025, compared with a net profit of approximately HK$10.7 million for the six months ended June 30, 2024.Lenovo Group (00992.HK) will release its Q1 2026 financial results on Thursday. According to a FactSet survey of seven analysts, the worlds largest PC maker is expected to report a 39% increase in net profit to US$337 million, with revenue likely reaching US$17.13 billion, an 11% year-over-year increase. Investors will be watching managements latest comments on the impact of tariffs and its risk-averse strategy. In May, Lenovo reported fourth-quarter profits that missed expectations, sending its stock price plummeting 5.4% the following day. Tariff headwinds and a weak macroeconomic environment weighed on its share price.

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