Business & Finance
MSCI Maintains Korea’s Emerging Market Status in Latest Review
Key Points
MSCI Maintains Korea’s Emerging Market Status in Latest Review MSCI Inc. kept South Korea in its emerging-market index and refrained from starting a formal review process that could eventually elevate the $5 trillion stock market to developed-market status. In its annual market-classification review, the New York-based index provider said that South Korea will remain classified as an emerging market, according to a statement released Tuesday.
MSCI Maintains Korea’s Emerging Market Status in Latest Review
MSCI Inc. kept South Korea in its emerging-market index and refrained from starting a formal review process that could eventually elevate the $5 trillion stock market to developed-market status.
In its annual market-classification review, the New York-based index provider said that South Korea will remain classified as an emerging market, according to a statement released Tuesday.