Asian shares edge higher following advance on Wall Street

Investors bought technology shares after the U.S. government opted to temporarily ease off on proposed restrictions on technology sales to Chinese companies.

Japan reported that its trade surplus dropped 90% from a year earlier in April as a 6% drop in shipments to China bit into its exports. Exports fell 2.4% year-on-year while imports rose more than 6% thanks to higher oil prices. Though the 90-day delay brightened sentiment, "the reality is that a resumption of the limitations after 90 days would most certainly still affect the global supply chain and hit hard at a touchy issue for China to potentially induce further retaliation," Jingyi Pan of IG said in a commentary.

So much for all the fear tactics the Wall Steet gurus made about Trump's tariffs causing financial collapse!

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