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Record SoftBank bond sale to test faith of retail investors

  Bloomberg SoftBank Group Corp plans to issue its biggest-ever yen bond in a test of whether individual investors will continue to lap up notes of one of the world’s most indebted firms. Billionaire Masayoshi Son’s technology conglomerate is marketing 550 billion yen ($4.8 billion) of seven-year subordinated notes, with the proceeds used to repay debt. The company has more ...

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US futures rise before jobs data; dollar falls

  Bloomberg US equity-index futures rise and the dollar fell as risk-taking returned to markets at the end of a turbulent week, with investors weighing US employment gains against the Federal Reserve’s policy-tightening plans. March contracts on the technology-heavy Nasdaq 100 Index advanced 0.2%, after falling as much as 0.6%. S&P 500 futures also climbed 0.2%. Europe’s Stoxx 600 index ...

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Chinese hedge fund responds to investor ire after 34% loss

  Bloomberg Chinese asset manager Loyal Valley Capital Co. responded to pushback from clients who lost a third of their money on a product last year, as the $11 billion manager became the latest target of investor ire. One of the firm’s hedge funds allegedly deviated from its theme of tech- and consumer-stocks, while repeated requests for dialogue with fund ...

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