Japanese technology company SoftBank Group posted a 23. 4 billion dollar (£19. 2 billion) loss in the April-June quarter as the value of its investments sank amid global worries about inflation and interest rates. SoftBank Group’s loss of 3.

Japanese technology giant SoftBank Group Corp has said its profit rose by 12% in the April-June period from a year earlier as its investments added to its coffers. Tokyo-based SoftBank reported a fiscal first-quarter profit of 1. 2 trillion yen (£8.