Vietnam stock valuations seen as pricey after IPO binge

which compares with a rise of 1 percent in MSCI’s Asia ex-Japan index .MIAPJ0000PUS. Large Vietnamese companies - those valued at more than $1 billion - are on aggregate trading at 19 times estimated profits for the next 12 months, compared with 14.7 ... ( read original story ...)

ARM said to be planning IPO on mainland market

ARM is seeking the domestic IPO through JV that is expected to get a special express pass for listing, Japanese media reported, citing sources familiar with the issue. Both ARM and Softbank were unavailable to comment on the issue today. The JV licenses ... ( read original story ...)

Avast slices estimated IPO share price before market entry

Avast has reduced the price of its shares ahead of the firm's Initial Public Offering (IPO), an event expected to become one ... Canada, Russia, and Japan. The cybersecurity firm claims to prevent up to two billion attacks per month and offers ... ( read original story ...)

Japan, China, South Korea agree to cooperate on North Korea

bringing together Japanese Prime Minister Shinzo Abe, Chinese Premier Li Keqiang and South Korean President Moon Jae-in. "The three countries will take leadership to achieve peace and prosperity in the Northeast Asia," Abe told a joint news conference in ... ( read original story ...)

South Korea, Japan, China to enhance biz ties

Business lobby groups of South Korea, Japan and China agreed Wednesday to cooperate for an early signing of a trilateral free trade deal on the sidelines of the three-way summit held in Tokyo. In a joint declaration adopted in a trilateral business summit ... ( read original story ...)

TOKYO | SoftBank confirms deal to sell Flipkart stake to Walmart

TOKYO — The head of Japanese technology company SoftBank Group Corp. said Wednesday it has reached an agreement to sell its stake in Indian e-commerce company Flipkart to Walmart. Softbank founder and CEO Masayoshi Son did not give details in confirming ... ( read original story ...)