SoftBank Vision Funds Post Annual Loss of $20 Billion

Billionaire Masayoshi Son’s SoftBank Group Corp. reported a record annual loss at its Vision Fund unit. The Japanese conglomerate says the world’s largest tech fund swung to a loss of 2.64 trillion yen ($20.5 billion) for the year ended Mar. 31, compared with a 4.03 trillion yen profit in the previous year.  Su Keenan reports on “Bloomberg Daybreak: Asia.”