Traders: The Markit credit default swap index for Asia ex-Japan rose at least 0.5 basis points.

Traders: Asian high-grade US dollar bond spreads widened by at least 1 basis point.

U.S. Secretary of State Antony Blinken discussed extending and expanding the duration and scope of the ceasefire in Sudan with his Egyptian counterpart.

Argentine President: Thanks Brazil for its support in the IMF negotiations.

Argentine President: Brazilian companies are expected to still export goods to Argentina.

Brazilian President Lula: We need to help Brazilian businessmen who export in Argentina.

Brazilian President Lula: IMF must let Argentina breathe a sigh of relief.

According to the Wall Street Journal: game engine maker UNITY laid off about 600 people, accounting for about 8% of the total number of employees.

Consumer electronics giant Dyson will set up a battery factory in Singapore to make next-generation batteries for new products.

Bank of Korea Governor: Due to the different business structure, the pressure on the U.S. banking industry will have little impact on South Korea.

Bank of Korea Governor: The pressure on the Korean won may ease in the future.

Governor of the Bank of Korea: It is expected that the won exchange rate will be under less pressure from the impact of US interest rate policy than before.

According to the Sankei Shimbun: Japan and France will cooperate to develop next-generation nuclear power reactors.

The Argentine government announced a 90.2% year-on-year increase in tax revenue in April.

US Senate Banking Committee: Former Silicon Valley Bank and Signature Bank executives to testify before Senate hearing on May 16.

U.S. Senate Banking Committee: Witnesses at hearing on May 18 include chairman of the FDIC, acting comptroller of the U.S. Office of the Comptroller of the Currency, and head of the New York State Department of Financial Services.

U.S. Senate Banking Committee: A hearing on the status of the banking and credit union industry will be held on May 18, and Federal Reserve Governor Barr will attend the hearing.

U.S. Senate Banking Committee: Hearing to examine Silicon Valley Bank and Signature Bank bankruptcy on May 16.

U.S. President Joe Biden will nominate former U.S. House member Sean Maloney as OECD special envoy, Axios reported.

Australia April AIG Performance of Construction Index -12.4, previous value -5.8.