Merrill Lynch predicts soft landing, improved stock markets

Laurence Lau was most recently managing director and head of debt capital markets at Bank of China International.

South Korea's president has lifted martial law after parliament voted to defy the shock move on Tuesday; Bank of Korea held an emergency meeting on December 4.

Ho will join in September from Oliver Wyman Current head of group strategy Kevin Rumjahn will become managing director, head of CEO Office and strategic relations at the stock exchange.

Companies tied to AI, including in Asia, account for a rising proportion of major investment indices, challenging diversification strategies. Chinese players are gaining ground on the US giants in the AI race, leading to greater stock volatility. Christopher Chu reports.

The reforms for Thai and foreign firms are aimed at 10 industry groups, including advanced healthcare, next-generation automotive and smart electronics.

The National Stock Exchange of India has raised $2.4bn from its BSE debut as India's IPO momentum continues.