Softbank's $20 Billion Bet on the U.S.
Softbank Corp. agreed to buy a stake of about 70 percent in Sprint Nextel Corp. for $20.1 billion as Japan’s third biggest mobile-phone operator seeks growth overseas amid a declining local market.
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Are Markets Too Optimistic on U.S.?
58:10 - David Mann, chief Asia economist at Standard Chartered, discusses the reflation trade in the U.S. and who's most at risk when it comes to leverage in Asia. He speaks to Bloomberg's Shery Ahn on "Bloomberg Markets." (Source: Bloomberg)