(Bloomberg) -- Welcome to Thursday, Asia. Here's the latest news and analysis from Bloomberg Economics to help you start the day:
- Will the sudden stop in the global economy trigger a financial crisis? All-out support from central banks suggests a tentative ‘no'. That could change rather quickly, Bloomberg Economics says
- The White House's projections for coronavirus fatalities to extend into the start of the summer will reinforce fears for extended shutdowns that spur deep declines in U.S. output and employment
- Following Donald Trump's unveiling of $2 trillion in stimulus including cash payments, Japan is revisiting the idea of handouts
- With millions of people being thrown out of work as much of the U.S. economy shuts down, the companies hiring are seeing a boost in interest. Some employers are speeding up interviews and paperwork to put people to work that same day
- Factories around the world suffered one of their grimmest months on record in March, as the coronavirus led to mass shutdowns and wreaked havoc on supply chains
- India kicks off its fiscal year with revenues under severe strain. Its borrowing plan points to volatility ahead, writes Abhishek Gupta
- America's economic peril from the coronavirus is growing more stark every day, and the $2 trillion stimulus may not deliver a rescue in time for the many small businesses and families
- Germany and Canada are among the world's major economies most exposed because of their dependence on trade, ING Group says. German companies' filings for state wage support suggest that about a fifth of the workforce will have its hours reduced
- The Bank of Canada began its first-ever foray into quantitative easing, with the purchase of C$1.0 billion ($703 million) in government bonds
- Europe risks a new sovereign-debt crisis if it don't match the ECB's action with a common fiscal response to support the economy
- China has concealed the extent of the coronavirus outbreak in its country, under-reporting both total cases and deaths it's suffered from the disease, the U.S. intelligence community concluded in a classified report to the White House, according to three U.S. officials
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