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Global Markets: MSCI keeps South Korea in emerging-market index, cites market accessibility hurdles

MSCI has confirmed that South Korea will remain classified as an emerging market due to ongoing foreign exchange market accessibility challenges. Despite notable reforms, including plans for 24/7 trading, MSCI requires additional time to evaluate their effects. The KOSPI index has shown significant growth, particularly in AI-driven semiconductor stocks, but these market accessibility issues hinder South Korea's potential upgrade to developed market status, which is crucial for foreign investments.