Global Market: South Korea launches 24-hour onshore dollar-won trading to boost global market appeal

South Korea launched 24-hour onshore dollar-won trading on Monday, extending market hours from 6:00 a.m. Monday to 6:00 a.m. Saturday local time. Finance Minister Koo Yun-cheol called it an important milestone, with the reform aimed at improving liquidity and the won's international appeal. The move supports Seoul's push for an MSCI upgrade from emerging to developed market status.