By Kim Kyoungwha
Dec. 2 (Bloomberg) — South Korea’s won fell the most in a week as overseas investors sold the nation’s stocks after U.S. shares tumbled yesterday on speculation the global economic slump is worsening. Bonds rose.

By James G. Neuger, Joshua Gallu and Simone Meier
Dec. 1 (Bloomberg) — An isolated European country with an economy geared toward finance and winter sports is no longer a monetary bastion as credit evaporates around the globe. Banks teeter, the once-impregnable currency depreciates and a proudly independent people question whether a centuries-old go-it-alone strategy can [...]

By Anchalee Worrachate
Dec. 1 (Bloomberg) — The U.K. pound posted its biggest one-day loss against the dollar in more than a month while gilts rose after a report showed the housing and manufacturing slump worsened, reinforcing speculation the central bank will cut interest rates this week to revive Britain’s ailing economy.

By Valerie Rota
Dec. 1 (Bloomberg) — Mexico’s peso slid to a one-week low as mounting evidence the global economic slump is deepening curbed demand for higher-yielding securities.

By Candice Zachariahs
Dec. 2 (Bloomberg) — The Australian and New Zealand dollars declined after Asian and U.S. equities tumbled as a panel said the world’s largest economy entered a recession a year ago, reducing demand for higher-yielding assets.

By Ron Harui and Stanley White
Dec. 2 (Bloomberg) — The yen fell against the dollar, retreating from a five-week high, on speculation Japanese importers are buying foreign currencies to meet their year-end funding needs.