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<description>The Business Times Online Edition - Singapore</description>
<language>en-us</language>
<copyright>Copyright 2007 Business Times Online.</copyright>
<pubDate>7 Jan 2009 SGT</pubDate>
<lastBuildDate>7 Jan 2009 SGT</lastBuildDate>
<ttl>60</ttl>
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<title>Cashing out is hard to do for venture funds</title>
<link>http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,312968,00.html?</link>
<description>(SAN FRANCISCO) Entrepreneurs and venture capitalists had difficulty cashing out of start-ups last year, underscoring just how much the financial crisis has pummelled the US technology sector. </description>
<category>The News</category>
<pubDate>07 Jan 2009 04:00 SGT</pubDate>
</item>
<item>
<title>Oil rises to 3-week high above US$50</title>
<link>http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,312962,00.html?</link>
<description>(LONDON) Oil prices rose to a three-week high above US$50 a barrel yesterday, as Israel's deepening incursion into Gaza and a dispute between Russia and Ukraine over natural gas raised concerns about supply disruptions.</description>
<category>The News</category>
<pubDate>07 Jan 2009 04:00 SGT</pubDate>
</item>
<item>
<title>Cut in Russian gas supplies unacceptable: EU</title>
<link>http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,312954,00.html?</link>
<description>(BRUSSELS) The European Union yesterday called the reduction of Russian natural-gas supplies to some EU countries 'completely unacceptable'.</description>
<category>The News</category>
<pubDate>07 Jan 2009 04:00 SGT</pubDate>
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<item>
<title>Closing Gaza's smuggling tunnels key to ceasefire</title>
<link>http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,312955,00.html?</link>
<description>(LONDON) Cutting off Gaza's smuggling tunnels from Egypt could secure an immediate ceasefire, Middle East Quartet envoy Tony Blair said yesterday, while warning that Israel was otherwise in for a protracted campaign.</description>
<category>The News</category>
<pubDate>07 Jan 2009 04:00 SGT</pubDate>
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<item>
<title>Waterford Wedgwood calls in receivers</title>
<link>http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,312971,00.html?</link>
<description>(DUBLIN) Ireland's Waterford Wedgwood, whose luxury tableware was once a mainstay of wedding gift lists worldwide, has called in receivers and placed two of Britain's most venerable china makers in administration.</description>
<category>The News</category>
<pubDate>07 Jan 2009 04:00 SGT</pubDate>
</item>
<item>
<title>Obama's in-tray is piling up - fast</title>
<link>http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,312951,00.html?</link>
<description>(WASHINGTON) Nobody said this was going to be easy. From his suite at the historic Hay-Adams Hotel, US President-elect Barack Obama is watching problems pile up as he prepares to take power in two weeks.</description>
<category>The News</category>
<pubDate>07 Jan 2009 04:00 SGT</pubDate>
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<item>
<title>A first taste of the cut and thrust</title>
<link>http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,312963,00.html?</link>
<description>(WASHINGTON) Two weeks before assuming power, US President-elect Barack Obama took his economic recovery package to Capitol Hill on Monday and worked to build a bipartisan coalition to endorse his plan of tax cuts and new spending with an urgent appeal 'to break the momentum of this recession'.</description>
<category>The News</category>
<pubDate>07 Jan 2009 04:00 SGT</pubDate>
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