May 22, Wednesday, 2019 (2:00 p.m.) Read by Ms. Emma Howard and Ms. Mariko Kojima

  1. Japan’s latest trade data shows a sharp decline in the surplus. That’s as semiconductor-related exports to China plummeted.
  2. The OECD kicks off its ministerial meeting in Paris on Wednesday against a backdrop of simmering trade tensions.
  3. Top US. officials have briefed Congress on the threat posed by Iran in a bid to defuse skepticism among lawmakers about the government’s handling of tensions.