Japan's SoftBank Group falls most since 2012 after S&P cuts outlook

Japan's SoftBank Group falls most since 2012 after S&P cuts outlook

REUTERS/Issei Kato

SoftBank Group Corp. shares fell the most since 2012 after S&P Global Ratings cut its outlook to negative, citing the broad market declines and the Japanese conglomerate’s plans to spend up to 500 billion yen ($4.7 billion) buying back shares.

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