Japan, US narrow first $550 billion investment picks, including SoftBank-linked plan, sources say

Japan and the US have ​short-listed a few projects as the first candidates under ⁠Tokyo’s planned US-bound $550 billion investment, including a project involving SoftBank Group, two sources familiar with the matter told Reuters.

The two governments have intensified discussions to select the initial projects ‌under the ‌investment scheme, agreed as part of Tokyo’s deal with Washington to lower tariffs on Japanese exports ‌to the United States, the sources said on Monday.