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SoftBank lines up $9bn loan for Vision Fund

Bloomberg SoftBank Group Corp. has lined up commitments for a loan of about $9 billion for its massive Vision Fund, provided by banks including arrangers of its Japanese wireless business’s initial public offering, people with knowledge of the matter said. The IPO’s top underwriters, which include Nomura Holdings Inc. and Goldman Sachs Group Inc., are finalising terms of the loan ...

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Australian jobless rate falls to lowest in 6 years

Bloomberg Australia’s jobless rate fell to the lowest in more than six years in September as fewer people sought work, suggesting the drop is unlikely to alter the Reserve Bank’s policy outlook. While unemployment fell from 5.3 percent to 5 percent — the level estimated by the central bank to signal full employment — the workforce participation rate declined to ...

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Japan’s exports fall in wake of natural disasters

Bloomberg Japan’s exports unexpectedly fell in September — the first drop in almost two years — as natural disasters disrupted economic activity, while higher energy prices continued to feed gains in imports. While one-off events make it difficult to assess the impact of the US-China trade dispute, Japanese export growth has been slowing this year following double-digit expansion in 2017. ...

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