News

JPMorgan’s blockchain-based payment network will launch in Japan in early 2020. Based on JPMorgan’s in-house blockchain platform Quorum, the Interbank Information Network (IIN) intends to accelerate payment transactions as well as address major challenges of sharing data between banks. If all goes as planned, the IIN service would launch in Japan in January, as communicated to […]

Blockchain payments processor BitPay has added support for three stablecoins – Circle’s USD coin (USDC), the Gemini dollar (GUSD) and Paxos Standard token (PAX). BitPay’s roll out will allow over 30,000 merchants, including Microsoft and Avnet, to accept payments in the three stablecoins from consumers. BitPay’s wallet users, as well as its prepaid cardholders, will […]

Asian shares extended earlier gains on Wednesday, although advances were patchy ahead of key central bank meetings while the pound wobbled as opinion polls pointed to a tight UK election later this week. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5% higher. Hong Kong’s Hang Seng and Australia’s S&P/ASX 200 led gains with […]

Asian equity markets eased slightly on Tuesday, tracking Wall Street declines as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect. Asian Shares Asian shares outside Japan was 0.17% lower, with China’s benchmark Shanghai Composite index off 0.08%. Australian shares were off 0.34%, while […]

Asian shares edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war. Asian Shares Japan’s benchmark Nikkei (N225) added 0.33%. MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) gained 0.27%. […]

Asian stocks gained on Friday as investors took heart from U.S. President Donald Trump saying trade talks with China were “moving right along”, and U.S. oil prices sat near 2-1/2-month highs after OPEC and other producers agreed to cut output. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.4%. Japan’s Nikkei added […]