UAE's new pipeline that bypasses the Strait of Hormuz is reportedly around 50% complete, according to CNBC

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[MARKET UPDATE] Asia-Pac stocks take impetus from the gains on Wall St, which were facilitated by softer yields and lower oil prices amid increased optimism regarding a resolution to the Middle East conflict

South Korea May 1st-20th Exports rose 64.8% Y/Y, Imports rose 29.3% Y/Y, Trade Balance is at a provisional surplus of USD 11.03bln

UAE's new pipeline that bypasses the Strait of Hormuz is reportedly around 50% complete, according to CNBC

Japanese Stock Investment by Foreigners (May/16) 949.6B

Japanese Machinery Orders MoM (Mar) M/M -9.4% vs. Exp. -8.1% (Prev. 13.6%, Low. -20%, High. 14%)

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