Don’t invest in China, Goldman Sachs wealth management CIO warns

[ad_1] China’s big stock-market declines aren’t enough to warrant putting money in the country, according to the chief investment officer of Goldman Sachs Group Inc.’s wealth-management business.“All our clients are asking us that question — given how cheap China appears, people inevitably say, well, has it discounted the worst news?” Sharmin Mossavar-Rahmani said in a […]

Paytm advances 4.13%, stock trading above 410

[ad_1] NEW DELHI: One97 Communications shares, which operates under brand Paytm, were off a steady start on Friday morning. Paytm share advances 16.65 or 4.13% from its previous close of 403.30 to 419.95.Paytm and its payments bank unit have recently decided to terminate certain inter-company agreements as part of their efforts to reduce dependencies, according […]