MSCI delays Indonesia market-status ruling to November, keeps South Korea at emerging-market tier
Yonhap News—Index provider MSCI has pushed back its review of Indonesia's market classification to November, denying investors an earlier resolution on whether the country faces a downgrade. South Korea was also left classified as an emerging market, frustrating Seoul's long-running campaign to secure a developed-market upgrade. The dual deferrals ripple through fund flows, as passive vehicles tracking MSCI benchmarks await any reclassification.