Oil prices dropped after Iran said it would halt attacks if the US bombing pause holds, unwinding a chunk of the war-risk premium that had built up across energy and risk-asset markets.
KB Kookmin Bank will launch a blockchain payment service for import and export companies in August, initially processing US dollar payments for those clients over JPMorgan’s Kinexys network. The move puts one of South Korea’s largest lenders at the center of a growing push to settle cross-border trade payments on