South Korea Is Over Being Called An 'Emerging Market'
Big Take12 Kesä 2023

South Korea Is Over Being Called An 'Emerging Market'

South Korea’s stock market is one of the largest in Asia. The nation is home to huge conglomerates including Samsung and Hyundai. And yet Korea is still listed as an emerging market — not a developed one — by MSCI, the investment research firm that provides influential market indexes. Korea argues it should be elevated to MSCI’s World Index, where it would sit alongside the US, UK, Germany and other developed economic powers. The company is expected to decide this month.

Bloomberg’s Youkyung Lee and Henry Ren join this episode to talk about why this move matters so much to South Korea — and why some companies and market watchers are having second thoughts about whether such a move is a good idea — or even worth it.

Read more: Why Bringing a $1.8 Trillion Stock Market to the Big Leagues Could Backfire

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

See omnystudio.com/listener for privacy information.

Jaksot(820)

All Eyes on Japan and China Tensions After Taiwan Remark

All Eyes on Japan and China Tensions After Taiwan Remark

After a rare public comment on Taiwan from Japan’s new prime minister, Sanae Takaichi, relations between the two nations are at a historic low — and Beijing is ramping up its economic retaliation. On ...

25 Marras 202517min

Inside Trump’s Retribution Campaign

Inside Trump’s Retribution Campaign

On Monday, a federal judge threw out the criminal cases filed by the Department of Justice against former FBI director James Comey and New York Attorney General Letitia James. When President Trump too...

25 Marras 202519min

Checking the Math on Trump’s $2,000 Checks

Checking the Math on Trump’s $2,000 Checks

Under new pressures over inflation and affordability, President Donald Trump has been talking up a plan to share tariff revenues with Americans, in the form of $2,000 checks. But there are several maj...

24 Marras 202518min

Harassment Concerns at Oxford Went Unaddressed for Years

Harassment Concerns at Oxford Went Unaddressed for Years

Oxford University has repeatedly been slow to act when confronted with allegations of harassment, assault and inappropriate behavior by male academics, a new Bloomberg investigation has found. Katheri...

21 Marras 202520min

Nvidia Silences AI Skeptics (For Now)

Nvidia Silences AI Skeptics (For Now)

Nvidia released its third quarter earnings Wednesday, crushing estimates and easing Wall Street’s concerns about an AI bubble. On today’s Big Take podcast, Bloomberg Tech’s Ed Ludlow sits down with Da...

20 Marras 202518min

The Hot Market for Jobs No One Wants

The Hot Market for Jobs No One Wants

After a period characterized as “low-hire, low-fire,” the American labor market is seeing a surge of layoffs from companies like Amazon, Starbucks, UPS and Target. And that’s pushing more job applican...

19 Marras 202514min

China Tests the Limits in the Race for Biotech Power

China Tests the Limits in the Race for Biotech Power

China is investing heavily in cutting-edge genetic experiments. It’s part of their quest to become a biotech superpower. On today’s Big Take Asia Podcast, host K. Oanh Ha, Bloomberg’s Karoline Kan and...

18 Marras 202519min

How Private Equity Got Its Hands on Billions in Americans’ Retirement Money

How Private Equity Got Its Hands on Billions in Americans’ Retirement Money

Apollo Global Management reinvented how pensions could be managed and paid out — by taking them over and moving the risks offshore. Other firms have followed suit and ushered hundreds of billions of d...

17 Marras 202519min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
rss-podme-livebox
viisupodi
rss-asiastudio
et-sa-noin-voi-sanoo-esittaa
otetaan-yhdet
rikosmyytit
rss-vaalirankkurit-podcast
linda-maria
the-ulkopolitist
rss-mina-ukkola
rss-merja-mahkan-rahat
popcorn-with-esko
rss-pykalien-takaa
rss-polikulaari-humanisti-vastaa-ja-muut-ts-podcastit
rss-50100-podcast