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Japan’s SoftBank Shares Soar After Move to Invest $50 Billion in US Economy
Japan’s SoftBank Shares Soar After Move to Invest $50 Billion in US Economy
Sputnik International
Shares in Japanese multinational telecommunications firm SoftBank Group surged after it agreed to invest $50 billion in US businesses, media reported. 07.12.2016, Sputnik International
2016-12-07T04:06+0000
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Japan’s SoftBank Shares Soar After Move to Invest $50 Billion in US Economy

04:06 GMT 07.12.2016 (Updated: 11:25 GMT 06.08.2022)
© REUTERS / Thomas Peter/File PhotoPeople walk past a retail shop of the SoftBank telecommunications company in Tokyo, Japan
People walk past a retail shop of the SoftBank telecommunications company in Tokyo, Japan - Sputnik International
© REUTERS / Thomas Peter/File Photo
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Shares in Japanese multinational telecommunications firm SoftBank Group surged after it agreed to invest $50 billion in US businesses, media reported.

U.S. President-elect Donald Trump - Sputnik International
Trump: Japanese Telecom Company to Invest $50Bln in US Businesses
6 December 2016, 19:28 GMT
WASHINGTON (Sputnik) — SoftBank rose as much as 5.1 per cent, the highest since Aug 2015, the Financial Times reported Tuesday night.

Earlier on Tuesday, President-elect Donald Trump announced that SoftBank Group will invest some $50 billion in US businesses.

Trump underscored that the telecom company considered the step only because he had won the presidential election.

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