SoftBank Vision Fund posts $26 bln loss; Son pledges defence
SoftBank posts $13 bln annual net loss SoftBank is slowing pace of investment Vision Fund marked down private assets Private valuations are lagging public markets TOKYO, May 12 (Reuters) – Japan’s SoftBank Group Corp (9984.T) reported a record $26.2 billion loss at its Vision Fund investment arm on Thursday, as rising interest rates and political…