Australian shares inched higher on Friday, although the index posted its worst weekly performance in more than two months with investors staying on the sidelines as the deadline nears for the U.S. debt ceiling talks to avoid a default.
Norway's $1.4 trillion sovereign wealth fund, the world's single largest stock market investor, said on Friday it would vote against CEO Mike K. Wirth continuing as chair of the board at oil major Chevron.
Norway's $1.4 trillion wealth fund said on Friday it would vote for resolutions urging oil majors Chevron and ExxonMobil to adopt tougher greenhouse gas reduction targets.