Emerging Markets

China's Clothes, Shoe, Toy Makers Shun Low-Wage Inland for Vietnam, India Edward Kang spent 15 years building textile maker Ever-Glory International into a symbol of China's world dominance in cheap clothes, shoes and toys. With $70 million in annual sales, the company has won customers including Levi Strauss & Co. and Tesco Plc.

Venezuelan Bonds Drop Amid Concern on Link Between Chavez, Colombia Rebels Venezuelan bonds fell, sending yields over U.S. Treasuries to their widest in almost four years, amid speculation that links between President Hugo Chavez and guerrillas fighting Colombia's government may be extensive.

Rice Gains for Sixth Day on Increased Demand, Damage From Myanmar Cyclone Rice rose, 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.

Latvian Economy Grew 3.6 Percent in First Quarter, Slowest Pace Since 1999 Latvia's economy expanded at the slowest pace in almost nine years in the first quarter as accelerating inflation squeezed consumer spending and manufacturing fell.

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.

South African Rand Declines Against Dollar Over Past Week as Stocks Slump South Africa's rand dropped against the dollar this past week as losses in equity markets around the world sapped investor demand for higher-yielding assets.

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