Posts by Liam Redmond
Exclusive | NYC’s priciest rental asks $250K a month— in a building plagued by disaster
The city’s most expensive rental has just hit the market. It’s a $250,000-a-month condo inside troubled 432 Park Ave., Gimme Shelter can reveal. The 8,100-square-foot skypad spans the tower’s entire 88th floor. It comes with five bedrooms, seven baths, two powder rooms, oak floors, 12½-foot ceilings and a library with a wood-burning fireplace. Panoramic views…
Read MoreNTT DC Reit proposes DPU-linked performance fee for manager
[SINGAPORE] The manager of NTT DC Reit is proposing changes to its management fee structure that it expects will better align with the interests of the unitholders of the real estate investment trust (Reit). The move is set to grow distributions and overall total returns for unitholders as it ensures that higher fees are earned…
Read MoreRussia plague didn’t accidentally leak from broken test tube, mom of dead scientist says: ‘I know the truth’
The mother of the Russian scientist who died in a suspected plague outbreak in Siberia denies the reports that her daughter was infected after breaking a test tube — and instead suggested Russian officials “simply let my daughter die.” Daria Shipilova, 28, had been working at the Irkutsk Anti-Plague Research Institute of Siberia and the…
Read MoreTemasek-related Azalea, SeaTown, Seviora Capital to merge in 2027
Fullerton Fund Management and InnoVen Capital will continue to operate as separate legal entities within the group [SINGAPORE] Three Temasek-related asset managers – Azalea Investment Management, SeaTown Holdings International and Seviora Capital – will merge from Jan 1, 2027. Seviora Holdings, Temasek’s primary asset management platform, will integrate the three companies into a single platform…
Read MoreSingapore banks lead STI to fall 3.5% on Thursday
Across the broader market, gainers trail losers 163 to 438, with 1.7 billion securities worth S$4.2 billion changing hands Published Thu, Oct 8, 2026 · 06:17 PM [SINGAPORE] Singapore stocks ended lower on Thursday (Oct 8), led by declines across the local banking trio. The benchmark Straits Times Index (STI) lost 3.5 per cent or…
Read MoreUniqlo on track to overtake H&M, eyes Zara for global No. 1
Owner Fast Retailing has forecast operating profit to reach 830 billion yen for the coming fiscal year ending August 2027 Published Thu, Oct 8, 2026 · 06:09 PM UNIQLO owner Fast Retailing’s annual revenue climbed 17 per cent to a record 3.96 trillion yen (US$25 billion), putting it solidly on a path to pull ahead…
Read MoreExclusive | Tish James election rival Saritha Komatireddy drops 52-count ‘indictment’ against NY AG for dereliction of duty
Republican attorney general candidate Saritha Komatireddy dropped a withering 52-count “public indictment” against Democratic incumbent Letitia James — accusing her of “dereliction” of duty ahead of their debate Thursday. The sweeping accusations were part of a cheeky campaign stunt that Komatireddy, a former federal prosecutor, wielded to argue her opponent has been too busy taking…
Read MoreIn search of the elusive unicorn for SGX’s Global Listing Board
Will DayOne’s Nasdaq IPO eventually sit on the GLB? The fast track is not an easy one [SINGAPORE] First announced in November 2025, the Global Listing Board (GLB) partnership between the Singapore Exchange (SGX) and Nasdaq was set up to create the “best of both worlds” for Asian tech unicorns and high-growth companies. The hypothesis…
Read MoreStarHub to acquire MyRepublic’s mobile business amid ongoing telco consolidation
[SINGAPORE] StarHub on Thursday (Oct 8) said it will acquire MyRepublic’s mobile business. This follows an earlier agreement between the two parties to migrate all of the mobile virtual network operator’s (MVNO) 4G mobile customers from M1’s network – which MyRepublic mobile ran on – to StarHub’s mobile network. The acquisition will have no impact…
Read MoreMore interest rate hikes needed, but there is ‘flexibility’ about the pace: Fed’s Waller
Published Thu, Oct 8, 2026 · 05:19 PM [WASHINGTON] US Federal Reserve Governor Christopher Waller said on Thursday (Oct 8) that additional rate hikes will likely be needed to lower inflation to the Fed’s 2 per cent target, but added there was “flexibility” about the pace of increases and left the door open for a…
Read MoreUK Navy serviceman accused of spying for foreign power
A serving member of the Royal Navy has been charged with preparing to disclose sensitive information to a foreign power, London police say. The suspect, 24-year-old Teddy Young, was arrested on Tuesday at his home in Bedfordshire, north of London. The charges are not connected to the recent incident at RAF Fairford, a UK airbase…
Read MoreTencent mulls US$5 billion bond offering as AI push ramps up
The company aims to develop AI models akin to the best from DeepSeek or Moonshot AI Published Thu, Oct 8, 2026 · 04:26 PM TENCENT Holdings is considering an offshore bond sale of as much as US$5 billion, according to people familiar with the matter, adding to the wave of tech companies seeking debt financing as artificial…
Read More