Reuters - Video

Edition: US | UK | IN | CN | JP

video Business

SoftBank's Saudi ties unnerve investors as journalist crisis deepens

Monday, October 15, 2018 - 01:45

SoftBank Group Corp saw its shares drop on Monday as fallout from the disappearance of a Saudi journalist spread to the Japanese conglomerate, whose nearly $100 billion Vision Fund is almost half financed by Saudi Arabia. As Laura Frykberg reports, the oil-rich kingdom has found itself threatened with ''severe punishment'' by U.S. President Donald Trump over the disappearance this month of Jamal Khashoggi.

▲ Hide Transcript

View Transcript

SoftBank Group Corp saw its shares drop on Monday as fallout from the disappearance of a Saudi journalist spread to the Japanese conglomerate, whose nearly $100 billion Vision Fund is almost half financed by Saudi Arabia. As Laura Frykberg reports, the oil-rich kingdom has found itself threatened with "severe punishment" by U.S. President Donald Trump over the disappearance this month of Jamal Khashoggi.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

SoftBank's Saudi ties unnerve investors as journalist crisis deepens

Monday, October 15, 2018 - 01:45