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Associated PressJapan's SoftBank Group trims investment losses but remains in red for fiscal year
SoftBank Group trimmed its losses for the fiscal year through March to about a quarter of the red ink it racked up a year earlier, as its investment losses declined, the Japanese technology company said Monday. Annual sales at Tokyo-based SoftBank Group Corp. rose 2.8% to 6.76 trillion yen ($43 billion). Losses for the fiscal year sank to 227.6 billion yen ($1.5 billion) from a 970 billion yen loss in the previous year.
PA Media: UK NewsPostcode lottery of maternity services highlighted in new report
A new report has called for improvements in maternity services.
- Reuters
HEDGE FLOW-Hedge funds sell stocks at the fastest pace in five months, says Goldman
Hedge funds sold single stocks at the fastest pace in five months in the week to May 10, Goldman Sachs said in a client letter, ahead of U.S. inflation figures that could determine global central banks' next moves. Sellers also outweighed buyers of global equities for the first time in four weeks, the Goldman Sachs prime brokerage note which tracks hedge fund activity showed. A reading of U.S. inflation this week could be the deciding factor for near-term market direction.
