On Saturday, the Prime Minister of Australia Scott Morrison announced that global leaders need to embrace free trade instead of protectionism.
Global stock indices ended the week's trading with a surge on Friday. The surge occurred mainly due to the US President Donald Trump announcing that there might be no further trade tariffs on Chinese goods.
The Vice President of the United States on Saturday announced that the United States will not end their measures against China until China changes its trading policies.
On Saturday, it was revealed that the Vice President of the United States Mike Pence met with the Taiwan's envoy to the APEC summit.
On Saturday, the countries of the Asia-Pacific summit met divided into two camps. One group called for radical changes in global trade. The other group wanted a return of the status quo in globalization.
The authorities of China's stock exchanges released new rules on Saturday to delist from the Shenzhen stock market the stock of Changsheng Bio-Technology.
The global crude oil price benchmarks ended the week with a consecutive sixth week of losses. Although, the oil prices experienced a recovery in the second part of the week.
On Friday, the US Dollar ended the week's trading with losses against a basket of other currencies. Financial media explained the decline by comments made by the newly appointed Federal Reserve's Vice Chairman.
Chicago Fed Bank President Charles Evans stated that raising rates to about 3.25% would be reasonable assumption, given his prospects for the US economy.
Thomas Kurian, the ex-chef of Oracle product, is likely to replace Diane Greene to become the cloud division head at Alphabet's Google in the following weeks, Greene announced on Friday.
The Dow Jones and the S&P 500 surged on Friday after the US President Donald Trump said that the United States might not impose further tariffs on the Chinese imports.
On Friday, Volkswagen CEO Herbert Diess said that the company would spend about $50 billion to develop and mass produce electric cars by 2023.
The S&P 500 Index slumped on Friday, as profits in energy shares were offset by drops in retail and chip companies.
On Friday, the European stocks faltered, as investors and traders waited to see if UK's Prime Minister Theresa May would face a vote of no-confidence.
On Friday, Tesla Inc CEO Elon Musk said that the electric carmakers have began to take orders for its Model 3 sedan in China.
On Friday, the White House said that it would temporarily reinstate CNN reporter's access after a US judge restored Jim Acosta's press credentials.
The US prosecutors are planning to file a criminal lawsuit against the founder of Wikileaks Julian Assange.
On Friday, the US Dollar edged lower after a senior Federal Reserve official said that the country's interest rates are closer to neutral rate.
On Friday, the payments processor Visa stated it would acquire a minority stake in India's payment gateway BillDesk for an undisclosed sum, seeking to expand its presence in the country.
General Electric's unit GE Capital is planning to sell the healthcare equipment finance arm to the US regional lender TIAA Bank in a deal valued at $1.5B.
On Friday, Bloomberg reported Eli Lilly was exploring a sale of its off-patent treatment assets in China that could be potentially valued at between $200 and $300.
Japan's group Mitsubishi UFJ Financial has become the leading bidder for DZ Bank's aviation financing business, a deal that might be valued at around $1.1B, sources reported.
The state-run pension fund of Kazakhstan has acquired one-third of the uranium miner Kazatomprom's shares in its $450M worth Astana and London IPO held this week.
The US criminal investigators called on the investment banks, such as JPMorgan, Bank of America and Deutsche Bank, to provide all the information about transactions handled for the Estonian branch of Danske Bank in money laundering probe.