By Sangim Han
Feb. 26 (Bloomberg) — South Korea expects continued volatility in the won, the world’s worst-performing major currency in the past year, further delaying bank sales of bonds to global investors, the Financial Services Commission said.

By Candice Zachariahs
Feb. 26 (Bloomberg) — The Australian and New Zealand dollars slid after government reports in Asia, Europe and the U.S. increased concerns the global recession is deepening.

By Ron Harui and Theresa Barraclough
Feb. 26 (Bloomberg) — The yen fell to a three-month low against the dollar before reports this week that may add to evidence Japan’s recession is deepening, reducing the appeal of its currency as a refuge from the global financial turmoil.

By Shigeki Nozawa and Nate Hosoda
Feb. 25 (Bloomberg) — Option contracts are signaling the yen may go from this month’s worst-performing major currency versus the dollar to one of the best, Societe Generale SA said.

By Kim Kyoungwha
Feb. 25 (Bloomberg) — South Korea’s won rebounded, after yesterday trading near an 11-year low, as stock market gains helped revive investor demand for riskier assets.

By Matthew Brown and Kim-Mai Cutler
Feb. 25 (Bloomberg) — The yen may be losing its appeal as a refuge from turmoil as the financial crisis that morphed into a global economic slump hammers Japanese exports, according to some of the world’s biggest currency analysts and investors.