World NewsSoftBank stock falls after terrible earnings report

SoftBank stock falls after terrible earnings report

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World News
SoftBank stock falls after terrible earnings report

Hong Kong (CNN Business)Shares in SoftBank fell as much as 4% in Tokyo on Thursday after the company reported worse than expected losses for the third quarter.

Japan’s broader Nikkei (N225) was mostly flat in afternoon trade. South Korea’s Kospi Index (KOSPI) declined 0.1%.
Hong Kong’s Hang Seng Index (HSI) edged down 0.4%, while China’s Shanghai Composite (SHCOMP) fell 0.2%.