Jamal Khashoggi

SoftBank Group gives more insight into Vision Fund 2

SoftBank Group CEO Son Masayoshi presents earnings figures
SoftBank Group CEO Son Masayoshi presents earnings figures. Photo: Alessandro Di Ciommo/NurPhoto/Getty Images

SoftBank Group Wednesday morning provided more info on Vision Fund 2, while reporting second-quarter earnings that smashed analyst expectations.

Why it matters: The big news was that SVF2 could begin investing as early as next month, with the trigger being when the original Vision Fund is 85% invested. It was at 68% through the end of June.

Khashoggi killing: Judge orders federal agencies release records

Saudi journalist Jamal Khashoggi in Istanbul, Turkey
Journalist Jamal Khashoggi at an event in Istanbul, Turkey, in 2018. Photo: Omar Shagaleh/Anadolu Agency/Getty Images

A judge in New York ordered federal agencies Tuesday to urgently release thousands of pages of documents related to the 2018 killing of Washington Post journalist Jamal Khashoggi in the Saudi consulate in Turkey, AP reports.

Why it matters: President Trump and members of his administration including Secretary of State Mike Pompeo have publicly stood by the Saudis after Khashoggi's death last year, despite the CIA's assessment that Crown Prince Mohammed bin Salman ordered the murder.