Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions 
Gold Prices Pull Back After Record Highs as January Rally Remains Strong 
CSPC Pharma and AstraZeneca Forge Multibillion-Dollar Partnership to Develop Long-Acting Peptide Drugs 
Trump’s U.S. Open Visit Delays Final, Fans Face Long Security Lines 
Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout 
Bob Iger Plans Early Exit as Disney Board Prepares CEO Succession Vote 
Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook 
U.S. Plans $115 Million Counter-Drone Investment to Secure FIFA World Cup and Major National Events 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
American Airlines Plans Return to Venezuela Flights After U.S. Lifts Ban 
Climate Adaptation at Home: How Irrigreen Makes Conservation Effortless 
Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
China Home Prices Rise in January as Government Signals Stronger Support for Property Market 
Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate 
ONE Championship expects to turn a profit in three years after its losses increase 125 percent on year to US$111 million for 2021.
Singapore-based ONE’s revenue grew 19.1 percent on year to $67.7 million, with broadcasting revenue contributing over $50.1 million to the total.
More than 97 percent of ONE’s total revenue consists of the transfer of goods or services over time.
ONE’s founder, chairman, and CEO Chatri Sityodtong said the company expects revenue to hit at least US$80 million this year and to become profitable in the next three years.
According to ONE’s chief financial officer, Hua Fung Teh, revenue will grow very quickly once they have strong brand recognition and content to attract viewers in overseas markets, adding that trying to monetize too early would limit their growth.
Sityodtong described ONE’s balance sheet as “the strongest in its history, and there’s plenty of opportunity”.
He added that ONE will stage its first events in the US in the first half of next year onwards.
ONE continues to attract investors, including venture capital firm Sequoia Capital and Singapore’s sovereign wealth fund. In December, New York-based Guggenheim Investments and the Qatar Investment Authority led the promoter’s $150 million equity financing round, which reportedly gave the business a valuation of more than US$1 billion.
