(Bloomberg) -- Welcome to Thursday, Asia. Here's the latest news and analysis from Bloomberg Economics to help you start the day:
- Fewer than half of the 87 countries that received a combined $118 billion in emergency IMF loans pledged to account for their spending
- The Bank of Canada ended its bond-buying stimulus program and accelerated the potential timing of future interest rate increases
- Bloomberg Economics says the shift is difficult to square with downward adjustments made to the GDP forecasts
- India's central bank said it will drain cash from the banking system for longer periods as it steps up efforts to normalize liquidity
- The collapse in the global sovereign-debt yield curve accelerated, sending a foreboding signal about a slowdown in economic growth
- The yield curve is flattening again -- which means what?
- The RBA's game of chicken with the bond market is reaching new heights after Wednesday's inflation surprise
- Bloomberg Economics says U.S. GDP may hint at stagflation, but it's not a repeat
- The U.S. is suffering longer delivery delays than other economies because of stronger demand from American consumers, a signal that high inflation is likely to persist
- U.K. Chancellor of the Exchequer Rishi Sunak appears to have embraced surging inflation
- Sunak delivered a Johnson-style budget on spending
- Brazil's central bank is poised to deliver its biggest interest rate hike in nearly two decades on plans for a spending surge
- Global heads of government will endorse a historic revamping of international corporate tax rules when they gather in Rome, though they have a long way to go to make the plan a reality
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