(Bloomberg) -- Welcome to Tuesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:
- The U.S. Agriculture Department’s top trade official called Chinese President Xi Jinping a “communist zealot,” warning farmers he is a tough adversary in negotiations
- For all the debate on whether the U.S. is headed for a recession, there’s plenty of evidence that corners of the economy may already have tumbled into one
- How low can the Bank of Korea go? Will it join the club of central banks with interest rates at or very near zero?
- Fed officials worried about sliding inflation expectations won’t take much comfort from the latest monthly survey of U.S. households
- ECB chief Mario Draghi will test the composure of global counterparts as he unleashes a barrage of stimulus to shore up economic growth
- Almost 40% -- or some $15 trillion -- of the world’s foreign direct investment is “phantom capital” designed to minimize the tax bills of multinational firms, according to a study
- As a growing number of banks around the world refuse to move money on President Nicolas Maduro’s behalf, Venezuela has found an ally in the Bank of Spain