Trade Truce, Tech Triumphs & Oil Drama: Global Business Bombshells (Aug 11–12, 2025)
The Reserve Bank of Australia cut its cash rate by 25 basis points to 3.6%, its third cut this year, with Governor Michele Bullock signaling more easing may follow. China’s factory-gate prices fell 3.6% in July and consumer prices were flat, highlighting deflation risks. U.S. markets priced in a likely Federal Reserve rate cut in September. An Australian court found Apple and Google engaged in anti-competitive app store conduct.