Business Today: Stock futures fall as hopes of further stimulus fade

Click to View in Browser 04/4/2012 Stock futures fall as hopes of further stimulus fade NEW YORK (Reuters) - Stock index futures fell on Wednesday after minutes of the Federal Reserve's March meeting released on Tuesday showed policymakers were less inclined to provide more economic stimulus, curbing investors' appetite for risky assets. ECB holds rates to balance inflation, recession fears FRANKFURT (Reuters) - The European Central Bank held its main interest rate at 1.0 percent on Wednesday as persistently high inflation offset pressure to respond to the euro zone's shaky economic recovery. Regulator to penalize JPMorgan over Lehman demise: NYT (Reuters) - A U.S. regulator is set to penalize JPMorgan for actions linked to the demise of investment bank Lehman Brothers at the height of the financial crisis in 2008, the New York Times said, citing people briefed on the matter. Monsanto posts record Q2, sales jump 15 pct (Reuters) - Global agribusiness company Monsanto Co posted a higher-than-expected quarterly profit on Wednesday, and said early planting in the United States and a 15 percent jump in sales would boost its full-year outlook. Trump scion says India top focus for realty mogul MUMBAI (Reuters) - American property mogul Donald Trump targets India above other emerging economies, his son and business partner said, as the flamboyant tycoon looks to crack a notoriously tough real estate industry with his brand of luxury homes and hotels. Insight: Lost in translation: U.S. refining model floors Petroplus CORRINGHAM, UK (Reuters) - Flush with success in building up his oil refining business in the United States, New Yorker Thomas O'Malley was confident he could repeat the trick in Europe at the helm of Petroplus. Euro zone sales disappoint, prospects poor BRUSSELS (Reuters) - Shoppers in the euro zone cut back on their spending in February as households faced stubborn inflation, growing unemployment lines and pay freezes across the public and private sector. Spanish debt yields rise as deficit problems mount MADRID/LISBON (Reuters) - Spanish borrowing costs jumped at bond auctions on Wednesday, spreading fear in wider European markets and overshadowing a successful step back into debt markets by neighboring Portugal. Exclusive: Glencore unit ramps up metal stores in Dutch hot spot LONDON (Reuters) - A warehouse company owned by commodity trader Glencore is rapidly expanding its lucrative storage facilities at a Dutch port that has become a hub for storing aluminum, a metal increasingly used by bankers and traders as a financing tool. China's Wen urges breakup of bank monopoly as growth slows (Reuters) - China's premier called the country's big banks a monopoly that needed to be broken to get money flowing to cash-starved private firms, as the nation's economy appears to have skidded to its slowest growth in three years. Related Video Reuters Today: Spanish yields seen rising at auction China's low-end exporters fight to survive Economic News ECB holds rates to balance inflation, recession fears ECB sees risks to economic recovery A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend