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FOX Business host Larry Kudlow discusses the ramifications of the Supreme Court striking down the president’s tariffs on ‘Kudlow.’ FedEx sued the U.S. government Monday, seeking a full refund of tariffs assessed under President Donald Trump’s order targeting imports. The lawsuit is one of the highest-profile moves by a major American company following the Supreme Court’s 6-3 ruling Friday, which determined that the president did not have the authority under the International Emergency Economic Powers Act (IEEPA) to impose such tariffs.The complaint, filed against the government and U.S. Customs and Border Protection (CBP) in the Court of International Trade, alleges…

A major Bitcoin miner just wiped its balance sheet clean.Bitdeer has reduced its corporate Bitcoin holdings to zero, selling both newly mined coins and reserves accumulated over the past months. The move caps an eight-week drawdown that began in late December, when the company still held over 2,000 BTC. By mid-February, reserves had slipped below 1,000 BTC before the final liquidation pushed holdings to zero.Source: BitdeerIn January, the company mined 668 BTC but sold over 1,100 BTC. It has now shifted to selling newly mined coins the same week, moving away from the old treasury hold strategy.At the same time,…

How did Michael Burry Gain Prominence?Michael Burry is best-known for being the inspiration behind the famous actor Christian Bale’s character in the Hollywood smash hit movie “The Big Short.” Burry’s claim to fame is that he made roughly $100 million in personal profit and $700 million for his investors in his Scion Capital hedge fund by correctly predicting the 2008 Subprime Mortgage Crisis and stock market crash.Michael Burry’s Recent Performance is InconsistentTo Burry’s credit, most investors will never make $100 million, let alone $10 million. Nevertheless, Burry’s performance since his 2008 windfall bet on credit default swaps has been lackluster.…

Mashreq, a leading financial institution in the MENA region, has announced the launch of a new cross-border banking service aimed specifically at its UAE-based Pakistani customers.For the first time in the UAE, Pakistani nationals living in the Emirates who already hold a Mashreq UAE account can now open an account with Mashreq Pakistan entirely remotely. The service is managed fully through the Mashreq UAE mobile app.Eliminating cross-border frictionThe new digital service replaces the traditional manual account-opening process. It eliminates the need for physical documents or the requirement for expatriates to make in-person visits to branches back in Pakistan, creating a…

A forecast global glut of liquefied natural gas may weigh on prices, but demand growth is strong and supply additions aren’t certain, according to Australia’s biggest LNG producer.

For investors to wade back into the software sector, they “want and need to see the stocks stop trading down on new AI headlines,” one analyst says.

Morning Bid: Trump fumes against the world as his tariffs come up short

Bitcoin’s weekend selloff led to about $100 billion in crypto market value losses during the reporting period and was triggered by a sudden burst of tariff policy uncertainty.Over the last 24 hours, BTC price had slipped below $65,000, pulling the broader crypto market down with it. The top digital asset had recovered above $66,000 as of press time, according to CryptoSlate’s data.Notably, liquidations amplified the move. CoinGlass data showed that more than $500 million in crypto positions were wiped out during the swing, with the largest single liquidation reported on HTX’s BTC-USDT pair at about $61.51 million.Crypto Market Liquidation (Source:…

For decades, income investors and tech investors seemed to occupy separate universes. Dividend seekers gravitated toward utilities, consumer staples, and financials: stable, mature businesses that reliably returned cash to shareholders. Tech stocks, meanwhile, were the domain of growth chasers willing to forgo income in exchange for capital appreciation. But the AI revolution is scrambling that conventional wisdom. A new class of technology leaders, most notably and , has emerged at the intersection of explosive AI-driven growth and increasingly compelling dividend profiles, forcing income investors to take a serious second look at a sector they long dismissed. The AI Cash Flow…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxThe Asia-Pacific payment landscape is a paradox of opportunity and complexity. It is arguably the most dynamic financial frontier in the world. Yet, it remains a daunting patchwork of fragmented regulations, hyper-local payment habits, and entrenched local champions fiercely defending their home turf.For any new entrant, the barriers to entry are high.While many fintechs attempt to enter the region by solving a single piece of the puzzle, DECTA, a UK-based powerhouse, touches down with a different philosophy. Positioning itself as a “full-stack” payment infrastructure provider, DECTA offers issuing,…