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US-China decoupling, weak growth, and shrinking reserves have led to fresh doubts about the sustainability of the Hong Kong dollar peg. Will the city’s linked exchange rate system survive this round of doubters? Last week, Pershing Square Capital Management…
The chief of Hyundai Motor’s financial affiliates outlined the units’ digital strategy and future vision at IBM’s largest annual conference that ran through Friday in San Francisco. Chung Tae-yong, who heads Hyundai Card, Hyundai Capital and Hyundai…
Samsung Electronics will supply next-generation microprocessor chips to IBM, which will use the chips for artificial intelligence (AI) computing and cloud system applications, both companies said Friday. The product Samsung will manufacture for IBM is a…
IBM and Salesforce announced a global strategic partnership to deliver joint solutions designed to leverage artificial intelligence and enable companies to make smarter decisions, faster than ever before. With the partnership, IBM Watson, the leading AI…
A group of leading companies across the global food supply chain announced a major blockchain collaboration with IBM intended to further strengthen consumer confidence in the global food system. The consortium includes Dole, Driscoll’s, Golden State Foods,…
Huawei will become the top personal computer maker in the world in three to five years, leapfrogging the likes of Apple, Lenovo and HP, a top executive at the firm told on Wednesday, just days after launching new notebook devices. In May, the Chinese firm…
IBM and Nutanix have announced a multi-year initiative to aimed at bringing new workloads to hyperconverged deployments. The integrated offering aims to combine Nutanix’s Enterprise Cloud Platform software with IBM Power Systems, to deliver a turnkey…
Shinsegae Department Store has become the first South Korean retailer to deploy a marketing strategy using AI technology. A wave of artificial intelligence (AI) is sweeping the nation’s retail industry, as major department stores and online shopping malls…
IBM is extending its annual Smarter Cities Challenge, a worldwide grant program that provides pro bono consulting to assist cities in improving the critical services they provide to citizens. For this next round, the company is seeking proposals from city…
IBM and Ericsson have announced a joint R&D breakthrough that the vendors say could accelerate the launch of 5G networks. The companies have created a contact silicon-based millimeterWave (mmWave) phased array integrated circuit operating at 28GHz within a…
IBM has signed an agreement with the Lotte Group to provide cloud-based IBM Watson solutions to help the Group deliver innovation across the business and become a world-class retail company. Lotte Group represents the country´s largest retailer in a highly…
Thailand’s Kasikornbank Pcl has joined with the Thai unit of International Business Machines Corp to develop blockchain services in a bid to save costs and speed up transaction process, the companies said on Thursday. Kasikornbank will be the first Thai bank…
With over 70 restaurants in the city, half of Pizza Hut’s business in Hong Kong is dine-in. This gives the diner a great incentive, but at the same time, huge pressure to improve its customer experience. In 2014, Pizza Hut started its mobile marketing…
Standard Chartered Bank, IBM, Insead, Thomson Reuters and Microsoft are backing a fintech school at New York-based Byte Academy’s first international venture, in Singapore. The firms have come together to form a fintech skills charter that will guide Byte…
IBM has launched its first cloud data center in Korea together with SK Holdings, a Korean IT services company IBM partnered with last year. The company’s ninth cloud data center in Asia Pacific, it is the latest step in IBM’s ongoing expansion of the physical…
IBM needs no introduction when talking about technology and computing. The US-founded company casts a long shadow over the developments that brought us the personal computer. These days, it’s throwing its weight behind another development: cognitive…
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