Markets
Paramount Skydance inks USD7.7B UFC broadcast deal
Newly-formed media giant Paramount Skydance has agreed to pay USD7.7 billion to TKO Group Holdings for exclusive U.S. broadcast rights to Ultimate Fighting Championship (UFC) events over the next seven years, starting in 2026.
Treasury bill yields down amid rate expectations
Treasury bill yields declined at Monday’s auction as investors shifted focus back to short-term debt following the auction of five-year retail treasury bonds last week, and amid growing anticipation of potential monetary policy easing.
Gold surges amid US economic uncertainty, likely Fed rate cut
US economic uncertainty, stoked by President Donald Trumps tariff push, has bolstered gold prices close to record highs.
Que-Azcona family cracks Top 10 in Forbes’ Philippines 50 Richest
The Que-Azcona family, owners of Mercury Drug, the Philippines' largest drugstore chain, made a significant debut in Forbes Magazine’s 2025 list of the 50 richest Filipinos, ranking sixth following the death in April of Vivian Que-Azcona, who had led the company founded by her father, Mariano Que, after World War II.
Wall Street advances on hopes Fed will cut rates
U.S. stocks rallied Monday as weak jobs data bolstered expectations that the Federal Reserve could begin cutting interest rates in the coming months.
