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Stock impact report

South Korea to Extend FX Trading, Ease Rules for Global Funds [Business News Network (BNN) (Canada)]

MSCI Inc (MSCI) 
Last msci inc earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.msci.com
more foreign participation -- reversing a decades-old policy intended to limit volatile capital flows. Onshore dollar-won spot market trading hours will be extended “drastically,” compared to the current 9:00 a.m to 3:30 p.m. local time span, the finance ministry said in a statement Tuesday. Restrictions against foreign financial firms trading the won overseas will also be eased. “The government in February will push for talks with MSCI Inc. to join its developed-market equities index, after preparing a final plan based on domestic and external feedback,” the statement said. Authorities have initiated a slew of measures to court foreign investors and boost the case for the nation's stocks to be included in MSCI's developed-market equities index. A local foreign-exchange committee has been looking into ways to address the challenges faced by global funds that trade the won outside local hours. South Korea has been wary of opening up its foreign-exchange market after two financi Show less Read more
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