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Cryptocurrencies survived one of the largest market shocks since the earliest days of the pandemic last week, with El Salvador a notable dip buyer, while investors decided not to share Adidas' excitement over a foray into the buzzy metaverse.

Commonwealth Bank of Australia investors on Wednesday overwhelmingly rejected a resolution calling for the lender to stop financing new fossil fuel projects, highlighting the resistance in the resources-reliant country to climate action.

Global shares strengthened on Tuesday, hovering just off record highs, while U.S. Treasury yields rose to their highest levels since mid-July, spurred by Federal Reserve tapering talk.

REFILE-PNG passes 10,000 infections as COVID-19 spreads beyond the capital Reuters 8 hrs ago (Fixes grammar in par 8) SYDNEY, April 21 (Reuters) - The number of coronavirus infections in Papua New Guinea (PNG) rose past 10,000 on Wednesday, an alarming milestone for the Pacific country as health officials worry that its fragile health system is at risk of being overwhelmed. PNG logged 245 new cases in the 24 hours to midday on Tuesday, continuing a run of daily increases of more than 200, putting its total at 10,197, although its tally of reported deaths from the coronavirus was steady at 9...

2 Min Read SYDNEY, March 10 (Reuters) - The head of Australia’s central bank on Wednesday rebuffed market talk of rate hikes, saying it will take at least until 2024 to reach full employment even as the economy was now within “striking distance” of its pre-pandemic output. Australia’s A$2 trillion ($1.5 trillion) economy expanded by a larger-than-expected 3.1% in the December quarter, clocking its fastest ever back-to-back quarterly rises. Job growth has been sturdy while retail sales are going strong too. “These better-than-expected outcomes are very welcome news,” the Reserve Ba...