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TECH

Barclays backs 'social payments app' Circle as it launches in UK

Barclays has become the first big British bank to form a partnership with a digital currency firm, social payments app Circle, which runs partly on bitcoin's blockchain network and launched in the UK on April 6.

Business

Japan looks to kickstart ‘fintech’ revolution

TOKYO: A laggard in embracing the “fintech”, or financial technology, revolution, Japan is set to ease investment restrictions that could free up the flow of capital in an economy sitting on an estimated US$9 trillion in individuals' cash deposits.

TECH

Bitcoin finds room in small funds; large institutions still on sidelines

Digital currency bitcoin has found favour among smaller investors, thanks to the availability of funds designed to invest in it, but remains a niche among the larger investing community.

TECH

SXSW: Smart parking, cardboard castles, VR apps among Accelerator Winners

Parknav, which colour codes roads according to parking spaces, PopUp Play, which lets kids design their own castle forts, and 360° smartphone video recorder Splash are among SXSW's six Accelerator Winners.

TECH

Forty big banks test blockchain-based bond trading system

Forty of the world's biggest banks, including HSBC and Citi, have tested a system for trading fixed income using the technology that underpins bitcoin.

World

Flux Party seeks to be the bitcoin of Australian politics

SYDNEY (Reuters) - A new Australian political party is using the virtual currency bitcoin as a model to replace what they say is an outdated political system - representative democracy - with a streamlined new polity for the information age.

Business

Re-booting India via technology

Think Asian - By Andrew Sheng
The country, with the world’s second largest mobile network, is ripe for change.

Business

Deals of the day: Mergers and acquisitions

NEW YORK: The majority shareholder of Malaysia's Shell Refining Co is considering selling its stake in the business, but no agreement has yet been reached with any potential buyer. This is among the bids, mergers, acquisitions and disposals reported by 2100 GMT on Friday:

Business

Top foreign and local news at 4pm

Top foreign and local news at 4pm

Business

ASX set to lead in blockchain for public companies

SYDNEY: Australian markets operator ASX Ltd on Friday said it has bought a minority stake in a US blockchain developer, positioning itself to become the first stock exchange in the world to use distributed ledger technology for public companies.