BHP has settled a long-running tax dispute with the Australian government over sales of raw materials funnelled through an offshore marketing hub.

The EU’s chief Brexit negotiator has proposed extending Britain’s transition out of the bloc until as late as December 2022 in a move that could prolong free movement of people to the UK and big payments to Brussels beyond the next election. 

China has launched an anti-dumping probe into imports of Australian barley - accounting for more than two thirds of the latter’s annual exports of the grain. The decision comes after Canberra moved to expand its naval base on Manus island, off Papua New Guinea, in a bid to counter China’s growing influence in the region.

Tencent has corralled Singapore-based investee Sea to publish and distribute its online games in south-east Asia as the Chinese tech giant seeks to offset the damage from a freeze on new game approvals in the home market.

Thailand’s economy grew at a slower pace than forecast in the three months to the end of September as exports decelerated and the tourism sector was hit by a fall in Chinese visitors after a tour boat capsized, killing almost 50 people. 

Fallout from the latest signs of dysfunction in the US-China relationship, laid bare at the Asia Pacific Economic Co-operation over the weekend - which failed to issue a joint communiqué for the first time in its 29-year history - hit markets in the region unevenly, with Sydney listed stocks lower as other benchmarks mostly rose.

Shareholders in Fairfax Media have overwhelmingly backed a proposed A$2.2bn (US$1.6bn) buyout by Nine Entertainment, paving the way for the creation of Australia’s biggest listed media company. 

Japan’s trade flows started the fourth quarter on a down note as imports rose nearly 20 per cent from a year ago, easily outpacing exports and expanding the country’s trade deficit far more than expected.

The EU’s chief Brexit negotiator has proposed extending Britain’s transition out of the bloc until as late as December 2022 in a move that could prolong free movement of people to the UK and big payments to Brussels beyond the next election.

Republican candidates were able to claim victory in the bitter contests to occupy the governor mansions in both Florida and Georgia after their rivals each admitted defeat following ten days or more of counting.

US trade and Brexit developments will continue to steal attention next week even as trading volumes are expected to sag around the Thanksgiving holiday.

China cut its holdings of US Treasuries by the most since January in September, as foreign investors pull back from the market even as the US government ramped up its debt issuance. 

China is the largest foreign holder of US Treasuries but its purchases have flatlined in recent years, raising concerns that the declining demand could weigh on US government bond prices and push interest rates higher. 

The country's total holdings fell $13.7bn to $1.15tn in September, according to data from the US Treasury released on Friday. The drop marks the fourth straight month of declines. The total amount of Treasuries held by foreign investors has followed a similar path to its largest holder, hovering slightly above $6tn since 2014. The total fell $63.3bn during September to $6.22tn. 

US stocks ended a see-saw session in positive territory on Friday as surging real estate and utilities shares offset a lacklustre day for the technology sector.

Pfizer said it would increase the price of 41 products in its drug portfolio, just four months after having initially put off those plans amid heavy criticism from US President Donald Trump.

Fidelity has promoted technologist Steve Neff to run its sprawling asset management division following the retirement of Charlie Morrison, a three-decade veteran of the Boston investment giant.

US President Donald Trump has signalled his intention to nominate Andrew Wheeler as the Environmental Protection Agency’s permanent chief.

The tumbling price of crude oil in the past fortnight has put two of the biggest junk bond exchange traded funds on track for their worst weekly performances in nine months.

Israeli prime minister Benjamin Netanyahu was racing to save his government on Friday as the fallout from an unpopular ceasefire with Hamas triggered the loss of a second key coalition partner and pushed the country towards early elections. 

The head of Google’s cloud business, Diane Greene, is leaving after a period of intensive investment to close the gap with market leader Amazon Web Services.

Airbnb said Friday it booked more than $1bn in third-quarter revenue, driven by international growth in bookings.

Glencore’s giant Kamoto copper and cobalt mine in the Democratic Republic of Congo can start exporting again.

France and Germany will present a joint plan to create a eurozone only budget to finance ministers on Monday, in the latest breakthrough for Paris and Berlin’s strategy of developing new spending tools for the single currency.

The broader US market swung between gains and losses in morning trade, capping off an already shaky week for stocks.

Pacific Gas & Electric shares rebounded sharply on Friday after a California regulator eased concerns over the utility’s potential liabilities tied to a massive wildfire in the state.