1. Trump has given prescription drugmakers 30 days to lower pharmaceutical prices.

2. US will cut the low value "de minimis" tariff on China shipments to 54% from 120%, starting from May 14.

3. Pakistan's army said that more than 50 people were killed in last week's military clashes with India which ended in a ceasefire agreed.

4. The UN aviation council ruled that Russia was responsible for the downing of a Malaysian airliner over Ukraine that killed all 298 passengers and crew. Russia denied.

5. Microsoft is laying off 3% of its workforce, or roughly 7,000 employees, as the technology giant looks to rein in costs.

6. Samsung made public its slimmest flagship model to date, S25 Edge, complete with enhanced AI features.