Finance minister hopes for Bloomberg review of S. Korea's market status

What happened: South Korea's finance minister told Bloomberg's Asia-Pacific head that the country's emerging market status in the Bloomberg Global Aggregate Index should be reviewed, citing improved access for foreign investors. Why it matters: Lee noted South Korea is classified as developed by the IMF and World Bank, and asked for those factors to be reflected in future index reviews. Bloomberg said it would help investors better understand the market.

South Korea's finance minister told Bloomberg's Asia-Pacific head that the country's emerging market status in the Bloomberg Global Aggregate Index should be reviewed, citing improved access for foreign investors.

Lee noted South Korea is classified as developed by the IMF and World Bank, and asked for those factors to be reflected in future index reviews. Bloomberg said it would help investors better understand the market.