U.S.

Prices Stable as Leading Index Climbs, Indicating Growth Without Inflation The U.S. economy will keep expanding without a pickup in inflation that would require the Federal Reserve to raise interest rates, reports today indicated.

Most U.S. Stocks Fall as Fed Rate Speculation Overshadows Economic Data Most U.S. stocks fell as speculation the Federal Reserve will increase its discount rate tempered gains spurred by further evidence that the economy is strengthening without stoking inflation.

Greenspan Says Increasing Banks' Capital Levels Best Way to Reduce Risks Former Federal Reserve Chairman Alan Greenspan said regulators may need to compel banks to raise capital levels by as much as 40 percent, saying that’s a more effective way to ensure stability than new regulatory rules targeting risk.

Roach Says `Take Out the Baseball Bat' on Krugman Over His Stance on Yuan Morgan Stanley Asia Chairman Stephen Roach said that Paul Krugman’s call to push China to allow a stronger yuan is "very bad" advice and that increased Chinese spending is a better way of reducing trade balances.

Google May Announce China Withdrawal Next Week, China Business News Says Google Inc. may pull out of China on April 10, China Business News reported today, citing an unidentified Chinese sales agent for the company.

Toyota Asks ABC News to Retract `Irresponsible' Sudden-Acceleration Report Toyota Motor Corp. asked U.S. broadcaster ABC News to retract and apologize for an “irresponsible” report it aired last month suggesting electronics as the cause of sudden acceleration in its cars.

Latin America

Batista Raises $3.9 Billion Less Than Sought for OSX Initial Share Sale Billionaire Eike Batista is raising $3.9 billion less than he sought for OSX Brasil SA’s initial share offering after trying to lure investors to an oil-services and shipbuilding company with no revenue or profits.

Mexico May Boost Monthly Dollar Purchases After Peso's Gains, Cordero Says Mexican Finance Minister Ernesto Cordero said the country’s currency commission may increase the amount of dollars it buys to boost foreign reserves.

Brazil Future Yields Plunge as `Politician' Meirelles Holds Rate at Record Brazil interest-rate futures sank the most in nine months and the real fell after central bank President Henrique Meirelles held off raising borrowing costs ahead of his decision on whether to run for elected office.

Chile to Keep `Responsible Macroeconomic Policy' After Quake, Pinera Says Chilean President Sebastian Pinera said his government will maintain a “responsible macroeconomic policy” as it repairs the nearly $30 billion in damage from the earthquake that struck the country last month.

Pemex Aims to Stabilize Oil Production This Year, President Calderon Says Petroleos Mexicanos, the state- owned oil company, aims to stabilize its crude production at 2.5 million to 2.6 million barrels a day this year, said Mexican President Felipe Calderon.

Brazil Gives Final Approval to Sale of $10.6 Billion Power Dam in Amazon Brazil’s proposed maximum price for power from the 19 billion-real ($10.6 billion) Belo Monte dam project in the Amazon received final approval from the country’s electricity regulator.

Exclusive

Erdogan Thwarting Judges Amid Army Probes Fails to Upset Turkey's Markets Prime Minister Recep Tayyip Erdogan, whose government is already backing an investigation of senior Turkish military officers, this month will seek curbs on a judiciary that has teamed with the army to oppose his Islamist-rooted party.

Mexico Tourism Drops as Drug Gangs, Economy Rain on Spring Breakers' Party Mexican tourism revenue may decline for a second year as violent clashes between drug gangs and a weak U.S. job market threaten to spoil its spring break party.

Traders' Mobile Phones Would Be Recorded in U.K. Plan to Curb Inside Deals Traders’ mobile-telephone calls may be taped in an effort to stamp out insider trading, according to proposals from the U.K. financial regulator.

Zapatero's Campaign to Avoid Greek Deficit Fate Hobbled by Spanish Regions Prime Minister Jose Luis Rodriguez Zapatero’s drive to show Spain can avoid Greece’s fate is being held hostage by the country’s regional governments.

Malone's Liberty, Elliott Said to Drop Out of Metro-Goldwyn-Mayer Bidding John Malone’s Liberty Media Corp. and hedge fund Elliott Management Corp. have decided not to bid for the Metro-Goldwyn-Mayer Inc. movie studio, according to people with knowledge of the bidding.

Obama's Job Disapproval Rating Tops Approvals for First Time: Chart of Day As President Barack Obama enters his final drive for congressional passage of health-care reform, the number of Americans who don’t like the job he’s doing has climbed above the level who approve for the first time.