303 Boards lists $85,928 in assets against $705,471 in liabilities in its Subchapter V petition filed June 18. Skateboarding and sporting goods retailer 303 Boards filed for Subchapter V bankruptcy protection in Denver on June 18. The company, operating as 303 the Hill Ltd
New UK employment rules cutting unfair dismissal eligibility to six months may curb hiring and boost contractor use, a survey shows. UK employers are preparing for new unfair dismissal protections set to take effect on 1 January 2027, reducing the qualifying period from tw
June UK services PMI fell to 48.7, below expectations, signaling a sharper decline in private sector output. The UK’s flash services PMI dropped to 48.7 in June, missing the 50.1 forecast and marking a contraction in activity. The composite PMI also fell to 49.4, below the
June flash PMI data shows Germany’s manufacturing sector flatlining at the expansion threshold, while services and composite readings contract further. Germany’s flash HCOB Manufacturing PMI held at 50.0 in June, unchanged from expectations but down from May’s 50.1. The re
Germany’s composite PMI dropped to 48.0 in June, signaling deeper economic contraction amid weak services activity. Germany’s June flash PMI data missed expectations, with the composite index falling to 48.0 from 48.5 in May. The decline was driven by a sharper contraction
Japan’s core consumer inflation eased slightly in May but remained above the Bank of Japan’s 2% target for the 25th consecutive month. Japan’s core consumer price index, excluding one-off factors, rose 2.7% in May from a year earlier, down from April’s 2.8% increase. The f
June’s HSBC Manufacturing PMI fell to 54.5, signaling slower expansion and potential pressure on the Indian Rupee. India’s HSBC Manufacturing Purchasing Managers’ Index declined to 54.5 in June from 55.0 in May, reflecting a modest slowdown in factory activity. The reading
Markets brace for potential upside surprise in Australia's core inflation measure, which could sway RBA policy decisions. Australia's May monthly consumer price index, due Wednesday, is expected to show trimmed mean inflation rising to 3.5-3.6% annually. The Reserve Bank o
Chicago Fed President Goolsbee signals persistent inflation risks, reinforcing cautious monetary policy outlook. Chicago Federal Reserve President Austan Goolsbee stated inflation remains well above the central bank’s target and is moving in the wrong direction. His remark
Preliminary PMIs for June start releasing Preliminary PMIs for June are kicking off in Asia. The release is unlikely to significantly move markets. Data for New Zealand and Australia is noted to avoid confusion.