South Korean companies struggle under weak yen

Global Business

money exchange signPeople pass by a sign for a money exchange in Seoul, South Korea, Friday, March 27, 2015. South Korea announced Thursday it will join the AIIB. (AP Photo/Ahn Young-joon)

South Korea and Japan are mired in a political dispute over historical and territorial issues. Economic engagement has also suffered recently. South Korean companies are struggling because of a weak yen.

CCTV’s Shane Hahm filed this report from Seoul.


Anil Gupta on the value of Chinese Yuan
For more insight on the value of Chinese currency, CCTV spoke with Anil Gupta, Professor at the Smith School of Business at the University of Maryland.