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China has allocated 1.4 billion yuan ($207.35 million) to support cold chain and national logistics hub construction in the new year, the country's state planner said on Tuesday.

Image source: The Motley Fool.

(RTTNews) - The Thai stock market has finished lower in back-to-back sessions, sinking more than 40 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,600-point plateau and it's looking at another weak lead for Tuesday's trade.

Garuda Indonesia has asked administrators to postpone a vote on the flag carrier's debt restructuring proposal for two days to June 17, its chief executive said late on Monday.

(RTTNews) - The Japanese stock market is sharply lower on Tuesday, extending the losses in the previous session, with the Nikkei 225 losing 600 points to fall below the 26,400 level, following the broadly negative cues from the global markets overnight, with weakness across most

The dollar index has risen 3% since Friday's hotter-than-expected U.S. May CPI release, and more gains seem likely following a dramatic shift in market expectations to almost fully price the Federal Reserve opting for a 75 basis-point rate hike this week

Round-up of South Korean financial markets:

Japan's selection of a new central bank governor is likely to intensify after an upper house election in July and could determine how quickly the country will follow global counterparts in withdrawing monetary stimulus.

Image source: Getty Images

Image source: Getty Images

The following table shows rates for Asian currencies against the dollar at 0204 GMT.

The Australian and New Zealand dollars were deep under water on Tuesday as shockwaves from the May U.S. inflation report hammered risk assets and caused the largest rise in local bond yields since the global financial crisis of 2009.

Global stocks and government bonds plunged again on Monday and the dollar hit two-decade highs as red-hot U.S. inflation fuelled worries about even more aggressive policy tightening in a big week for central banks.

(RTTNews) - Charles Schwab (SCHW) has agreed to pay $187 million to settle SEC charges that its subsidiaries misled clients about absence of hidden fees.

British transport operator Go-Ahead on Monday agreed to be bought by a consortium of Australia's Kinetic Holding Co and Spain-based transport infrastructure management firm Globalvia Inversiones for about 647.7 million pounds ($788.51 million).

An Iran-flagged tanker carrying about 1 million barrels of crude from the Middle Eastern country arrived in Venezuelan waters over the weekend, according to a shipping document seen by Reuters on Monday.

The company announced a 3-for-1 stock split to make shares more accessible to investors.

Canada will partner with the world's largest miner BHP Group Ltd and invest up to C$100 million ($77.83 million) in the development of a low-emissions potash mine in Jansen, Saskatchewan, Canadian Industry Minister Francois-Philippe Champagne said on Monday.

What happened Shares in vehicle maker Ford Motor Company (NYSE: F) were down by more than 6% as of midday Monday. The move follows news that China is reimposing COVID-19 restrictions after recently relaxing them and the rise in interest rates in response to a disappointing inflat

On 6/15/22, Southern Company's 5.00% Class A Preferred Stock (Symbol: ALP.PRQ) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 7/1/22. As a percentage of ALP.PRQ's recent share price of $24.20, this dividend works out to approximately 1.29%, so look f