Transport & Logistics
Spacex sets US$800 billion valuation, confirms 2026 IPO plans
The Musk-led company is targeting a valuation of about US$1.5 trillion for the entire company
Shenzhen government acquires portion of Hutchison Port Holdings’ land for 15.6 million yuan
The 7,775 sq m acquisition is for a land-sea corridor and rail link development
Global EV sales growth slowest since Feb 2024 on China plateau, US policy changes
GLOBAL EV sales grew in November at the slowest rate since February 2024 as China plateaued, while the end of an EV tax credit scheme in the United States set North America on track for its first year...
Musk signals plan to launch IPO for SpaceX
Recent US media reports state that SpaceX stands poised for a record-setting US$1.5 trillion IPO
India’s aviation watchdog deploys monitors to IndiGo offices
These teams are required to give daily reports to the Directorate General of Civil Aviation
Li Ka-shing’s US$19 billion ports sale slows due to complex talks
CK Hutchison has said that it would not proceed with a transaction that did not have the approval of all relevant authorities
Malaysia’s long-awaited electric train service linking KL and JB makes its debut in preview run
A normal one-way fare from JB or KL starts from RM82 (S$27)
Ever Glory to offer 2 million new shares at S$0.64 each ahead of proposed transfer to mainboard
It will raise around S$1.2 million in net proceeds if the offer is fully subscribed
Airbus CEO concedes likely defeat to Boeing in order race this year
The planemaker remains ahead of its US rival in deliveries and the pipeline of outstanding orders
