Latest Morgan Stanley Capital International News & Updates

Seoul, Jan 9 (IANS) The government on Friday announced a comprehensive road map aimed at securing South Korea’s inclusion in the developed market index of global index provider Morgan Stanley Capital International (MSCI), including plans to operate the country’s foreign exchange (FX) market on a 24-hour basis.The plan represents the government’s latest effort to address the so-called “Korea discount,” under which local shares trade at valuations below their fundamentals, and to position South Ko…