Highlights:

• Indonesia sees $11 billion in share sales to meet free-float requirements and avoid potential MSCI frontier market downgrade. Bloomberg Economics

• US and Chinese fighter jets briefly faced off above waters near the Korean Peninsula this week, marking a rare confrontation between the two superpowers. Bloomberg Politics

• Palm Beach Airport will be renamed Donald J. Trump International, the latest institution to bear the president's name. Bloomberg Politics

• Canada's Alberta will hold a referendum on restricting immigration and reducing newcomers' access to public services amid falling crude prices and budget pressures. Bloomberg Politics

• Trump directs federal agencies to release government documents discussing extraterrestrial life and unexplained aerial phenomena. Bloomberg Politics

• RBNZ Governor Breman says New Zealand's economy has room to recover this year without generating excessive inflation. Bloomberg Economics

• Venezuela's amnesty law passes with carveouts that would exclude many opposition leaders and leave others to face a distrusted court system. Bloomberg Politics

• ECB President Lagarde renews calls for global partnership to preserve an international order benefiting more than just the strongest nations. Bloomberg Economics

• US plans Peace Corps revamp to send thousands of science and math graduates abroad to boost reliance on American technology and counter Chinese competition. Bloomberg Politics