TOKYO -- SoftBank Group's planned 4.5 trillion yen ($41.9 billion) asset sale has fueled fears in the currency market of renewed volatility in the yen, which has enjoyed relative stability underpinned by aggressive Japanese investment abroad.
Coronavirus-induced retreat of Japan's foreign investments adds pressure on currency
SoftBank Group CEO Masayoshi Son: The Japanese tech group may be on the verge of unwinding a massive U.S. investment. © Reuters
TOKYO -- SoftBank Group's planned 4.5 trillion yen ($41.9 billion) asset sale has fueled fears in the currency market of renewed volatility in the yen, which has enjoyed relative stability underpinned by aggressive Japanese investment abroad.