Australia’s second-most populous state has tightened coronavirus controls as a spike in cases triggers fears the nation could be hit by a second wave of infections. Victoria extended a state of emergency by four weeks to July 20, halved the number of visitors allowed in homes to 5 and delayed a planned increase in the size of gatherings in cafes, restaurants and pubs. The weekend announcement, and a jump in cases in countries including the U.S., Israel and South Korea, heightened market concerns about the difficulty of reviving economic growth while controlling the spread of Covid-19. The Australian dollar declined ... (full story)