Japanese investment group SoftBank on Thursday touted a reduction in leverage after a year in which its main Vision Fund suffered a record loss.
The adjusted value of Japanese tech investor's Alibaba stake falls to a small fraction of year-ago level.
SoftBank Vision Fund lost $32 billion in the financial year ending March as the Japanese investment giant, the most prolific global investor in tech startups, suffers from the valuation corrections ac
SoftBank's Vision Fund segment posted a 4.3 trillion Japanese yen ($32 billion) loss for its fiscal year ending Mar. 31.
Japanese tech investment titan SoftBank's yearly earnings report is expected with Thursday, with the performance of British semiconductor designer Arm Holdings taking centre stage. Although SoftBank e

SoftBank Nears Sale of Fortress to Abu Dhabi Fund

09:20am, Wednesday, 10'th May 2023
SoftBank is close to a deal to sell the U.S. investment manager to Mubadala Investment for more than $2 billion.
CNBC's Deirdre Bosa reports on news from SoftBank's Arm.
Arm Ltd., the British chip maker owned by Japan's SoftBank Group Corp., confidentially filed for its long-awaited initial public offering over the weekend.
SoftBank Group Corp's chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, people familiar with the matter said on Saturday, setting the stage for this year's l
Just last year, SoftBank was flying high, borrowing against its wildly lucrative stakes in tech investments such as Alibaba Group Holding Ltd. and plowing the money into the promising upstarts of tomorrow
Softbank managing partner Munish Ravinder Varma has resigned from the board of the digital financial services company One97 Communications, which operates under the Paytm brand, and PB Fintech,…
The cost of insuring against a default in SoftBank Group Corp''s debt hit a two-year high on Wednesday and its bond yield also climbed as sharp drops in the value of its tech investments have unnerved investors.

SoftBank founder Masayoshi Son loses $25 bn in tech''s brutal winter

04:10am, Wednesday, 16'th Mar 2022 Business Standard
Masayoshi Son, SoftBank Group Corp.''s billionaire founder, checks the chart. Then again. Another time. And once more for good measure

SoftBank founder Masayoshi Son loses $25 billion in tech''s brutal winter

04:05am, Wednesday, 16'th Mar 2022 Economic Times India
From China’s tech crackdown to Russia’s invasion of Ukraine, inflation to the markets, a litany of troubles has beset Masayoshi Son and his conglomerate.

SoftBank CDS costs rise to 2-year high as holdings slump

03:33am, Wednesday, 16'th Mar 2022 Reuters
The cost of insuring against a default in SoftBank Group Corp''s debt rose to hit the highest in two years and its bond yield also climbed as the slumping value of the Japanese conglomerate''s tech investments unnerved investors.
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