Costco now supports Apple Pay across all of its US stores

Apple has landed a big new partner for Apple Pay in the U.S. after Costco began accepting the mobile payment service across 750 stores. The retailer plans to include support at its gas stations, but that isn’t yet complete.

The rollout — first reported by MacRumors — follows limited trials at selected Costco outlets, including a warehouse near its corporate headquarters in Washington.

This new partnership comes hot on the heels of Apple’s landing similar deals with CVS and 7-Eleven. The deal with CVS is particularly notable since the retailer had held off on supporting the Apple service, to the point that it even developed its own alternative that is based on barcodes. Apple also secured a deal this summer to add Apple Pay support to eBay which gives it more breath among online retailers, too.

The service is operational in 30 international markets and, in the U.S., it is tipped to account for half of all contactless payments operated by an OEM by 2020, according to a recent analyst report.

The market for such services — which includes Samsung Pay, Google Pay and others — is tipped to reach 450 million consumers. Apple, though, is already seeing the benefits. Apple Pay is part of the company’s ‘services’ division which recorded revenue of $9.6 billion in the last quarter, that’s up 31 percent year-over-year.

Hua Fung Teh Named New Chairman Of ONE Championship In China

ONE Championship has added to the responsibilities of Hua Fung Teh, it’s CFO, by naming him the Chairman of ONE Championship China.

U.S. tariffs cast a cloud over Huawei’s solar electronics launch

Huawei Technology Co’s coming U.S. launch of a solar-panel control device is expected to collide with new Trump administration tariffs on Chinese electronics, undermining a product that analysts had seen as challenging rivals on pricing.

Taiwan loses another ally to China

Taiwan lost another ally to Beijing on Tuesday when diplomatic ties with El Salvador were severed, as China presses the remaining nations with diplomatic links to Taipei to end them.

Asian stocks up on hopes trade tensions may ease, Trump comments weigh on dollar

Asian stocks rose on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the U.S. president about the yuan and Federal Reserve policy capped gains and weighed on the dollar.