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China Inflation Is Mild, Controllable, Official Says (Correct) China’s price increases are “mild and controllable,” Assistant Commerce Minister Fang Aiqing said today after data released this week showed inflation reached a 16-month high in February.

Google ‘99.9 Percent’ Sure to Shut Down in China (Update1) Google Inc. has drawn up detailed plans to shut its search engine in China and is “99.9 percent” certain of going ahead with the closure, the Financial Times reported today, citing a person it didn’t name.

Summers Finds ‘Considerable Satisfaction’ in Recovery Progress White House economic adviser Lawrence Summers said he finds satisfaction in the economy’s turnaround from its plunge a year ago.

Kissinger Is Recovering From Stomach Pains at Seoul (Update1) Henry Kissinger, former U.S. secretary of state, is in stable and not serious condition in a South Korean hospital after being taken there with abdominal pains this morning.

Thai Protesters Converge on Bangkok in Bid to Oust Abhisit Thousands of Thai protesters began converging on Bangkok today for a weekend rally that aims to topple Prime Minister Abhisit Vejjajiva’s government.

Dell Sues Sharp, Hitachi Over Flat Panel Price-Fixing Claims Dell Inc., the third-biggest personal-computer maker, sued Sharp Corp., Hitachi Ltd. and three other liquid-crystal display panel makers over allegations they conspired to fix prices and overcharged for their products.

Roomy Khan Cites Paris Hilton in Galleon Trading Case Defense Roomy Khan, a government witness in the insider trading case against Galleon Group founder Raj Rajaratnam, told investigators she bought shares in Hilton Hotels Corp. because she thought the jailing of Paris Hilton would generate publicity for the company, a defense lawyer says.

Lehman Report Points Way to Plaintiffs, Not Prison, Lawyers Say A 2,200-page bankruptcy report a year in the making may point the way for plaintiffs looking to sue former Lehman Brothers Holdings Inc. officials, lawyers said, rather than grand juries probing possible crimes.

Apple’s Steve Jobs Wins Approval to Demolish California Mansion Apple Inc. Chief Executive Officer Steve Jobs won approval to tear down a mansion south of San Francisco after a state court judge overruled objections by preservationists, a city official in Woodside, California, said.

Bernanke May Get Help Planning Exit With Fed Board Selections President Barack Obama’s likely nomination of three Federal Reserve governors will help Chairman Ben S. Bernanke plan an exit from record monetary stimulus and strengthen banking supervision and consumer protection.

Terra’s Bid From CF Doubled After Rebuffs, Talks With Rivals Terra Industries Inc., the fertilizer maker selling itself to CF Industries Holdings Inc., will be paid more than twice CF’s original bid after rebuffing its suitor for more than a year while holding talks with rivals including Yara International ASA.

Hoyer Says U.S. House Will Pass Senate Health Bill This Month U.S. House Majority Leader Steny Hoyer predicted his chamber will approve the Senate health-care overhaul this month along with a package of changes, and said public support is gaining for the legislation.

Record Advance in S&P 500 Futures Shows Confidence in Economy The longest-ever gain in futures linked to the Standard & Poor’s 500 Index shows growing investor confidence in the U.S. economy.

Bankers to Flood Capitol Hill as Dodd Releases Overhaul Bill About 900 bankers will converge on Capitol Hill next week for a conference that lobbyists say will give them a chance to speak out against a proposed consumer protection agency as Senate Banking Committee Chairman Christopher Dodd unveils financial regulation legislation.

Michael Lewis Casts Risk-Eating Short-Sellers as Slump’s Heroes Twenty years ago, when I worked at Salomon Brothers, every person on Wall Street had read two books: Frank J. Fabozzi’s “Fixed Income Analysis” and Michael Lewis’s “Liars’ Poker.”

‘Twilight’ Star Mourns Suicide; Hamm Probes Cold Case: Movies Near the end of “Remember Me,” there’s a lingering shot of the Twin Towers on the morning of Sept. 11, 2001, just before they were destroyed by terrorist- piloted jets. Like much of the movie, the symbolism is heavy- handed.

Crickets Train, Have Pre-Bout Sex, Fierce Fights: Lewis Lapham The combatants were strong, well- matched and ready to go. One zoomed in for a quick assault only to be rebuffed by a fierce lunge from his opponent, making onlookers collectively gasp. Circling, they locked and wrestled, repeatedly flipping each other over. After a heroic battle, one cricket finally went off in defeat, and the money changed hands.

Dollar, Yen Drop as Appetite for Higher-Yield Assets Increases The dollar and yen fell versus all of their major counterparts as concern eased Greece would default and European and U.S. reports signaled the economic recovery is accelerating, fueling appetite for riskier assets.

Treasury Two-Year Notes Fall as Greece’s Deficit Crisis Eases Treasury two-year notes dropped for a second consecutive week as European Union officials said they would support Greece after it approved austerity measures.

Pelosi Signals Goal of Passing Health Measure Before Obama Trip U.S. House Speaker Nancy Pelosi signaled that she will seek passage next week of legislation overhauling the health-care system after President Barack Obama delayed the start of his trip to Asia until March 21.

Lehman Brothers ‘Shenanigans’ on Hidden Leverage May Haunt Fuld Lehman Brothers Holdings Inc.’s Richard Fuld exuded confidence as he briefed analysts on June 16, 2008, four days after demoting his firm’s finance chief in the wake of a $2.8 billion quarterly loss.

AIG Was Unprepared for Financial Crisis, Former Top Lawyer Says American International Group Inc. was unprepared for the financial crisis that forced the insurer to accept a $182.3 billion bailout from the U.S. government, the company’s former general counsel said.

International Buyers Boost Muni Holdings 50% on Build America Foreign investors boosted their holdings of U.S. municipal debt by about 50 percent in 2009, to $60.6 billion, in the first year of sales of Build America Bonds, according to data from the Federal Reserve.

Clinton Calls Netanyahu to Condemn Israeli Settlement Plan U.S. Secretary of State Hillary Clinton called Israeli Prime Minister Benjamin Netanyahu to lodge “strong objections” to Israel’s announcement of a Jewish housing project in east Jerusalem during Vice President Joe Biden’s visit to Israel this week.

Trichet Says Rating Firms Will Respect ‘Courageous’ Greece Plan European Central Bank President Jean-Claude Trichet said Greece’s plan to cut the euro-area’s largest budget deficit will win the support of investors and credit-rating companies.

Henry Kissinger Hospitalized in Seoul, Korea Herald Reports Henry Kissinger, former U.S. Secretary of State, was hospitalized in Seoul because of a stomach problem, the Korea Herald reported, citing employees it didn’t name at Yonsei Severance Hospital in western Seoul. Kissinger, 86, was taken to the hospital at 10 a.m. local time after complaining of abdominal pain, the report said.

Japanese Bonds Decline as Recovery Optimism Sparks Stock Rally Japan’s 10-year bonds fell, completing a second weekly decline, as Asian stocks joined a rally in global equities, damping demand for the safety of debt.

Chile May Borrow Abroad, Tap Its Copper Savings to Rebuild Chilean President Sebastian Pinera plans to tap copper savings funds and may borrow abroad to pay for the estimated $30 billion cost of repairing damage caused by the 8.8-magnitude earthquake that struck the country Feb. 27.