Stocks hit record highs as US drops China's currency manipulator charge – business live

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Rolling coverage of the latest economic and financial news, as US and China prepare to sign their Phase One trade deal

Breaking: BlackRock, the asset management titan, has announced it will put environmental sustainability at the core of its investment decision. In his annual letter to shareholders, just released, BlackRock CEO Larry Fink says the climate emergency is forcing investors to rethink their plans. He writes: Climate change has become a defining factor in companies’ long-term prospects.

 

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This manipulation ploy won’t last forever.

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