South Korea Joins Major FTSE Russell Index After Bond Market Reforms

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Bloomberg Berita

FTSE,South Korea,Emerging Market

(Bloomberg) -- South Korea will join FTSE Russell’s benchmark bond index next year, capping months of official campaigning and an overhaul of financial...

-- South Korea will join FTSE Russell’s benchmark bond index next year, capping months of official campaigning and an overhaul of financial market infrastructure in the hopes of attracting tens of billions of dollars of foreign investment.Should Evictions Be Banned After Hurricanes and Climate Disasters?

“This development is expected to have a positive impact on the Korean financial markets,” with the belly of Korea rates rallying 10 basis points to 20 basis points, said Kiyong Seong, lead Asia macro strategist at Societe Generale SA, referring to medium-term bond yields. Yet with Russia under sanction due to its invasion of Ukraine, emerging market investors have been almost uniformly bullish on India’s debt and pushed for its inclusion in benchmarks.

Bloomberg LP is the parent company of Bloomberg Index Services Ltd., which administers indexes that compete with those from other service providers.Qantas Airways apologizes after R-rated film reportedly airs on every screen during flight BELLEVUE, Wash., October 09, 2024--T-Mobile has activated its emergency operations and preparedness plan as Hurricane Milton approaches Florida, mobilizing its emergency teams to help keep customers, communities, first responders and others connected. In summary:VIENTIANE, Laos — Southeast Asian leaders gathered in the capital of Laos on Wednesday for an annual regional forum that will focus on tackling the prolonged civil war in Myanmar and territorial tensions in the South China Sea.

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