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Asian Stocks Fall for Third Day, Led by Toyota on Lower Profit Forecast Asian stocks declined the most in three weeks, led by automakers and technology companies, after Toyota Motor Corp. and Olympus Corp. forecast lower profits on rising raw-material costs.

China's April Export Growth Slows to 22%, Trade Surplus Is Little Changed China's export growth cooled in April and the trade surplus was little changed as economies around the world weakened, giving the government room to maintain a slower pace of yuan gains.

Rice Gains for Sixth Day on Increased Demand, Damage From Myanmar Cyclone Rice surged, heading for the biggest weekly gain since reaching a record last month, as Nigeria and the Philippines sought to buy more, further straining global supplies after a cyclone devastated crops in Myanmar.

Temasek Loses Indonesia Appeal, Ordered to Reduce Mobile-Phone Investments Temasek Holdings Pte, Singapore's state-owned investment company, lost its appeal on an Indonesian antitrust ruling and was ordered to sell its stake in either of the country's two biggest mobile-phone operators within a year.

Templeton's Mobius Says Korean Stocks to Outperform, Currency Undervalued South Korea's won, the world's worst performing major currency this year, is undervalued by about 8 percent and the nation's stocks should outperform, said Mark Mobius, who manages emerging-market shares at Templeton Asset Management Ltd.

Soaring Food Costs Probably Kept Chinese Inflation Close to 11-Year High China's inflation probably stayed near the highest level in more than 11 years, highlighting the government's challenge of dousing prices without triggering a slump in the economy.

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Lampert, Wood Reveal Failings of `Concentrated' Stock Hedge Fund Strategy When Jon Wood opened his Monaco-based hedge fund, the former UBS AG trader told investors he'd beat the market by buying stakes in no more than 40 companies -- the same way he made $2.4 billion in six years for his old employer.

Citigroup Leads Wall Street Drive to Punish Taxpayers in Auction-Rate Debt Taxpayers from Massachusetts to California are paying Wall Street banks to end derivative contracts gone bad as they exit the collapsing auction-rate bond market, with penalties in some cases topping $10 million and compounding the pain of rising borrowing costs.

Petrobras Seeks Refinery Takeovers to Export Gasoline, Diesel, Not Crude Petroleo Brasileiro SA, Brazil's state-controlled oil producer, plans to acquire refineries that may make the company the world's third-largest seller of gasoline and diesel.

Thailand's Rush to Grow Rice May Drain Water Reserves, Cut Future Harvests Kamolsak Thongta was working at a garage in northern Thailand when rice prices began to soar. So he quit his job, found a plot of unused land and became a farmer.

New Jersey's Corzine Seeks First Wind-Energy Farm Off U.S. East Coast New Jersey Governor Jon Corzine wants his state to be the first in the U.S. Northeast to build an electricity-generating wind farm off the Atlantic coast.

Police Chief Throws Book Discussion at Violent Crime Wave in U.S. Capital Washington Police Chief Cathy Lanier is looking to bestselling author Malcolm Gladwell to help tip the balance against crime amid a spike in murders in the U.S. capital.