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  <url>
    <loc>https://www.businesstimes.com.sg/international/us-business-activity-expands-prices-surge-most-2022?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T22:32:09+08:00</news:publication_date>
      <news:title>US business activity expands, prices surge by most since 2022</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4b6ca535f79f91205d633bd72e1fd5b77a642109cefe43e6daa72373548a1b7f</image:loc>
      <image:title>The composite index for employment was the second-highest in four years, and the manufacturing index showed factory headcount advancing at the fastest pace since 2012.</image:title>
      <image:caption>The composite index for employment was the second-highest in four years, and the manufacturing index showed factory headcount advancing at the fastest pace since 2012.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/tech-sell-relents-oil-five-month-high?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T22:06:01+08:00</news:publication_date>
      <news:title>Tech sell-off relents, oil at five-month high</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0c5391ba46db4897cc129729430ec3f35f099f6cc9a7abafc8fb61cda0fb4f61</image:loc>
      <image:title>For the jittery Wall Street bulls, Nasdaq futures were off 0.5%, while S&amp;P 500 futures slipped 0.25% after the Nasdaq’s 2.6% tumble on Thursday, its biggest slump since June.</image:title>
      <image:caption>For the jittery Wall Street bulls, Nasdaq futures were off 0.5%, while S&amp;P 500 futures slipped 0.25% after the Nasdaq’s 2.6% tumble on Thursday, its biggest slump since June.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/nea-issues-notices-10-singapore-based-companies-including-wilmar-and-app-over-haze?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T21:23:14+08:00</news:publication_date>
      <news:title>NEA issues notices to 10 Singapore-based companies, including Wilmar and APP, over haze</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/56ac8f546419703e2ec987cf50ea4df7fc093523646c3e58043691f32f13cfaf</image:loc>
      <image:title>NEA has issued notices to 10 Singapore-registered companies seeking information on their operations and potential links to the haze affecting Singapore.</image:title>
      <image:caption>NEA has issued notices to 10 Singapore-registered companies seeking information on their operations and potential links to the haze affecting Singapore.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/jios-record-ipo-draws-strong-demand-defying-india-market-rout?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T21:18:22+08:00</news:publication_date>
      <news:title>Jio’s record IPO draws strong demand, defying India market rout</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1fe04b2cdccdd88ee904f83b6c0c2e56d15ab5ea1524d9f4a1e3aeee7ed063f4</image:loc>
      <image:title>The offering was fully sold within 100 minutes despite a bruising week for local equities, setting up a challenging debut for Jio on Oct 28.</image:title>
      <image:caption>The offering was fully sold within 100 minutes despite a bruising week for local equities, setting up a challenging debut for Jio on Oct 28.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/net-demand-singapore-office-space-doubles-q3-central-region-rents-rise-0-8?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T21:09:31+08:00</news:publication_date>
      <news:title>Net demand for Singapore office space doubles in Q3 as central region rents rise 0.8%</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e3ff09141b3381a0dee1e7e3c4aa90c41a406ca70bcc4b6f1b1d3cdef0d95064</image:loc>
      <image:title>The closure of HarbourFront Centre in July for redevelopment is likely to have been the major factor behind the 775,000 sq ft contraction of islandwide office stock in Q3 2026.</image:title>
      <image:caption>The closure of HarbourFront Centre in July for redevelopment is likely to have been the major factor behind the 775,000 sq ft contraction of islandwide office stock in Q3 2026.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/economy-policy/davinder-singh-chambers-appointed-adviser-government-haze-linked-company-probes?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T21:00:00+08:00</news:publication_date>
      <news:title>Davinder Singh Chambers appointed adviser to government on haze-linked company probes</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d70f89c8b848b2cfa0b43b1e5aedb7c65354ce97c3ecb40c2dbe105d0b0784df</image:loc>
      <image:title>Singapore has been grappling with haze, prompting efforts to identify firms linked to fires in Indonesia.</image:title>
      <image:caption>Singapore has been grappling with haze, prompting efforts to identify firms linked to fires in Indonesia.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/visa-stb-sign-three-year-mou-boost-singapores-destination-appeal-and-growth?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T20:57:23+08:00</news:publication_date>
      <news:title>Visa, STB sign three-year MOU to boost Singapore’s destination appeal and growth</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/824161606970cf7cc09019fe5cbf89f3553c5109551043efb9342fb73f45eb8a</image:loc>
      <image:title>From left: Adeline Kim, group country manager, regional South-east Asia, and senior vice-president, global clients, Asia-Pacific, Visa; and Melissa Ow, CEO, Singapore Tourism Board, at the signing of an MOU between Visa and STB on Oct 22, 2026.</image:title>
      <image:caption>The MOU was signed by Visa’s Adeline Kim (left) and STB’s Melissa Ow.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/reits-property/oue-reit-buys-another-50-stake-sydneys-salesforce-tower-us606-4-million-deal?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T20:46:27+08:00</news:publication_date>
      <news:title>OUE Reit buys another 50% stake in Sydney’s Salesforce Tower in US$606.4 million deal</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2c49ded0cec2d6ed25e4a39f4e8318ec5564dd7ceb2fc269244b270ebd68bedc</image:loc>
      <image:title>Han Khim Siew, CEO of OUE Reit’s manager, says Singapore remains the trust’s core market, complemented by selective investments in Australia.</image:title>
      <image:caption>Han Khim Siew, CEO of OUE Reit’s manager, says Singapore remains the trust’s core market, complemented by selective investments in Australia.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/kkr-founders-among-investors-buying-42-peter-lims-valencia-club-valued-us1-4-billion?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T20:42:24+08:00</news:publication_date>
      <news:title>KKR founders among investors buying 42% of Peter Lim’s Valencia; club valued at US$1.4 billion</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6c046c893cfe9342e6ff9e894aa805df25568a6312bf6a6ceb37a23a955cbd17</image:loc>
      <image:title>Valencia president Kiat Lim.</image:title>
      <image:caption>Valencia president Kiat Lim says there “has been no shortage of interest in Valencia”.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/us-south-korean-officials-estimate-little-chance-trump-kim-meeting-year?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T20:29:10+08:00</news:publication_date>
      <news:title>US, South Korean officials estimate little chance of Trump-Kim meeting this year</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f35b856dc4ef7d3c72e3dbced1bd11ca64834e74ceb3bb9d6b6317f03874d5ae</image:loc>
      <image:title>US President Donald Trump, the only US president to have met a North Korean leader, has been eager to jump-start talks with North Korea.</image:title>
      <image:caption>US President Donald Trump, the only US president to have met a North Korean leader, has been eager to jump-start talks with North Korea.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/singapores-central-gas-buyer-affirms-indonesias-role-important-partner-amid-export-review-warning?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T20:01:17+08:00</news:publication_date>
      <news:title>Singapore’s central gas buyer affirms Indonesia’s role as ‘important partner’ amid export review warning</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b044ba5bd9a215a6c743bc2ab652d09e47ba8f075557ce53f43fa27d875a4a7c</image:loc>
      <image:title>Singapore GasCo’s procurement strategy “focuses on building a diversified and flexible portfolio”, says its CEO Alan Heng.</image:title>
      <image:caption>Singapore GasCo’s procurement strategy “focuses on building a diversified and flexible portfolio”, says its CEO Alan Heng.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/newsletters/esg-insights/issue-217-time-face-palm-oils-transboundary-problem?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T19:00:00+08:00</news:publication_date>
      <news:title>Issue 217: Time to face palm oil’s transboundary problem</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/696dc7f065799274958d29233ce214e73b0fc958374e41e5976a793609b5bcdc</image:loc>
      <image:title>Sustainability certification of palm oil is lagging in South-east Asia, data from the Roundtable on Sustainable Palm Oil suggests.</image:title>
      <image:caption>Sustainability certification of palm oil is lagging in South-east Asia, data from the Roundtable on Sustainable Palm Oil suggests.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/eurozone-business-activity-slowed-france-unrest-weighs?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T18:50:33+08:00</news:publication_date>
      <news:title>Eurozone business activity slowed as France unrest weighs</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1d7a5d8cfc18d5acd3f7f3ec641d4b57e4442b6ae20caa3099bca802dc2cf9ea</image:loc>
      <image:title>The European Central Bank is widely expected to keep borrowing costs unchanged at the Oct 28 to 29 meeting.</image:title>
      <image:caption>The European Central Bank is widely expected to keep borrowing costs unchanged at the Oct 28 to 29 meeting.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/home-sales-set-recover-q4-prices-seen-rising-further-new-launch-momentum?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T18:29:00+08:00</news:publication_date>
      <news:title>Home sales set to recover in Q4 with prices seen rising further on new launch momentum</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3ca362300c4135a1efa80ebc374a001bc782bc470e3243dde3aa567d91a1c941</image:loc>
      <image:title>Developers sold 1,183 new private homes (excluding executive condominiums) in Q3, down 44.7% from Q2.</image:title>
      <image:caption>Developers sold 1,183 new private homes (excluding executive condominiums) in Q3, down 44.7% from Q2.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-232?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T18:19:02+08:00</news:publication_date>
      <news:title>Daily Debrief: What Happened Today (Oct 23)</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/02e2341f78e480fc5288d68fb048fb63e570af6dac2b39189b8aa23bd733185b</image:loc>
      <image:title>SGX’s Loh Boon Chye says there is “ample time... to plan thoughtfully and work through the arrangements” for a transition in the CEO role.</image:title>
      <image:caption>SGX’s Loh Boon Chye says there is “ample time... to plan thoughtfully and work through the arrangements” for a transition in the CEO role.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/bank-japan-warns-risks-ai-market-shock-cyberattacks?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T18:14:19+08:00</news:publication_date>
      <news:title>Bank of Japan warns of risks from AI market shock, cyberattacks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/9c60f23fb2fe02222175665dbb4441e5ea6cc022e66e9a1a4bd61d4e81770fe5</image:loc>
      <image:title>The Bank of Japan raised interest rates to a 31-year high of 1.25% in September, and signalled its readiness to keep increasing borrowing costs.</image:title>
      <image:caption>The Bank of Japan raised interest rates to a 31-year high of 1.25% in September, and signalled its readiness to keep increasing borrowing costs.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-edge-higher-despite-losses-local-banks-sti-0-1?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T18:02:16+08:00</news:publication_date>
      <news:title>Singapore shares edge higher despite losses in local banks; STI up 0.1%</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6629227afa3727429284699ed1a61cd36943abfb2f69d90275f5c4809d3019f9</image:loc>
      <image:title>Across the broader market, gainers outnumber losers 331 to 258, after 1.3 billion securities worth S$1.8 billion change hands.</image:title>
      <image:caption>Across the broader market, gainers outnumber losers 331 to 258, after 1.3 billion securities worth S$1.8 billion change hands.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/podcasts/ai-spending-and-higher-longer-rates-what-asian-investors-should-watch?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T17:46:00+08:00</news:publication_date>
      <news:title>AI spending and higher-for-longer rates: What Asian investors should watch</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/9c92c99738e62ada78f6331a003090fad3c9967368a56828fea01ea9d2bc5a8d</image:loc>
      <image:title>Are Asian tech suppliers looking at a structural growth engine or an unsustainable spending bubble?</image:title>
      <image:caption>Are Asian tech suppliers looking at a structural growth engine or an unsustainable spending bubble?</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/tuan-sing-buy-westgate-tower-jurong-s600-million?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T17:41:30+08:00</news:publication_date>
      <news:title>Tuan Sing to buy Westgate Tower in Jurong for S$600 million</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/05fd27be55934ea14d966a8ffd2c79279166b5d49d4c2b64f42d0eac991cda12</image:loc>
      <image:title>The agreed property value of S$600 million is 6.25% below an independent valuation of S$640 million as at Oct 1.</image:title>
      <image:caption>The agreed property value of S$600 million is 6.25% below an independent valuation of S$640 million as at Oct 1.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/citigroup-wins-licence-set-fully-owned-china-securities-unit-after-nearly-5-year-wait?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T17:38:11+08:00</news:publication_date>
      <news:title>Citigroup wins licence to set up fully-owned China Securities unit after nearly 5-year wait</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/035ae399cb23d78472f4ed0c9b579d6ebd58b88d8150da188b698460edf1780f</image:loc>
      <image:title>A late entrant to China’s domestic securities market, Citi has to rebuild its footprint after dissolving its investment-banking joint venture with Orient Securities in 2019.</image:title>
      <image:caption>A late entrant to China’s domestic securities market, Citi has to rebuild its footprint after dissolving its investment-banking joint venture with Orient Securities in 2019.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/manilas-us113-5-billion-budget-battle-becomes-test-fiscal-discipline?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T17:11:07+08:00</news:publication_date>
      <news:title>Manila’s US$113.5 billion Budget battle becomes test of fiscal discipline</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7ca22c8f5d435db51d4ab25dc19f64400b60885763aa95c0fefbdee5b6c8faa7</image:loc>
      <image:title>The Light Rail Transit (LRT) passes by in Manila, Philippines</image:title>
      <image:caption>Analysts cautioned that weaker public infrastructure spending could weigh on medium-term growth.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/newest-tennis-kid-block-meteoric-rise-rafael-jodar?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T17:00:00+08:00</news:publication_date>
      <news:title>Newest tennis kid on the block: The meteoric rise of Rafael Jodar</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/02fe54aeb7823495088bb30e2e14b83e1f12edbec7d862cba8cb6c5538ad41f2</image:loc>
      <image:title>Rafael Jodar joined the Rolex family on Oct 9, just as the Rolex Shanghai Masters tournament got underway. The 20-year-old finished runner-up.</image:title>
      <image:caption>Rafael Jodar joined the Rolex family on Oct 9, just as the Rolex Shanghai Masters tournament got underway. The 20-year-old finished runner-up.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/chinas-january-september-fiscal-revenue-5-1-year-year?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T16:54:07+08:00</news:publication_date>
      <news:title>China’s January-to-September fiscal revenue up 5.1% year on year</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8020e2ae13b49f362b74bbd89a4d326cc12d3732e26e2cd4bdaef05c8482ce12</image:loc>
      <image:title>China has accelerated local special bond issuance this year and plans to front-load part of its 2027 quota, finance ministry official Zhao Zeyong said on Friday.</image:title>
      <image:caption>China has accelerated local special bond issuance this year and plans to front-load part of its 2027 quota, finance ministry official Zhao Zeyong said on Friday.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/what-php-why-are-government-and-business-websites-going-offline</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T16:27:35+08:00</news:publication_date>
      <news:title>What is PHP? Why are government and business websites going offline?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6522189108e7d4b9ce5d71f2d9d133c9118c4cd9e1cad0e68913148f2ed8e6b7</image:loc>
      <image:title>PHP is estimated to be used by 70% of all sites and web applications.</image:title>
      <image:caption>PHP is estimated to be used by 70% of all sites and web applications.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/hermes-and-cartiers-last-reliable-shoppers-are-retreating-china?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T16:25:10+08:00</news:publication_date>
      <news:title>Hermes and Cartier’s last reliable shoppers are retreating in China</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7b07313c144577e1bababeebae89a838cfe0e2392772e1fb8e0e9ebbd63ab0a6</image:loc>
      <image:title>Global brands, including Hermes, are facing the possibility of both their key customers and aspirational shoppers spending less at the same time.</image:title>
      <image:caption>Global brands, including Hermes, are facing the possibility of both their key customers and aspirational shoppers spending less at the same time.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/crisis-revival-sgx-ceo-loh-boon-chye-plans-exit-after-lucrative-decade-long-pivot?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T15:58:23+08:00</news:publication_date>
      <news:title>From crisis to revival: SGX CEO Loh Boon Chye plans exit after lucrative decade-long pivot</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/02e2341f78e480fc5288d68fb048fb63e570af6dac2b39189b8aa23bd733185b</image:loc>
      <image:title>SGX’s Loh Boon Chye says there is “ample time... to plan thoughtfully and work through the arrangements” for a transition in the CEO role.</image:title>
      <image:caption>SGX’s Loh Boon Chye says there is “ample time... to plan thoughtfully and work through the arrangements” for a transition in the CEO role.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/style-travel/end-era-how-hermes-birkin-losing-its-scarcity-appeal</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T15:37:00+08:00</news:publication_date>
      <news:title>End of an era? How the Hermes Birkin is losing its scarcity appeal</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b6f80589b8e1b55a616e30dedac6196ea217eaa5100e2bf110f38d7506368435</image:loc>
      <image:title>Director and founder of London Bear Cai Baochun holds a Hermes Birkin bag at his exclusive boutique for authenticated, pre-owned luxury fashion in London.</image:title>
      <image:caption>A growing supply of Birkin bags in the second-hand market is said to be depressing resale premiums.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/uk-retail-sales-fall-0-4-september-more-forecast?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T15:30:12+08:00</news:publication_date>
      <news:title>UK retail sales fall 0.4% in September, more than forecast</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8519f923b6c0441f838da6dac01f3c80fa6fc146f00573d1d63e5089186ca23d</image:loc>
      <image:title>British consumers are bracing for a New Year surge in energy bills that is expected to drive inflation above 4 per cent.</image:title>
      <image:caption>British consumers are bracing for a New Year surge in energy bills that is expected to drive inflation above 4 per cent.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/features/cabin-fever-airlines-are-rushing-refurbish-plane-interiors-will-their-bets-pay?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T15:30:00+08:00</news:publication_date>
      <news:title>Cabin fever: Airlines are rushing to refurbish plane interiors, but will their bets pay off?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1c32a760aa899d10eb1f6080ac34552ddafe1be753e9f391c6876141a46f517e</image:loc>
      <image:title>Numerous airlines have embarked on or announced makeovers for their aircraft interiors in recent years.</image:title>
      <image:caption>Numerous airlines have embarked on or announced makeovers for their aircraft interiors in recent years.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/how-vietjets-us250-million-global-asset-freeze-complicates-its-600-aircraft-financing-plans?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T15:25:57+08:00</news:publication_date>
      <news:title>How Vietjet’s US$250 million global asset freeze complicates its 600-aircraft financing plans</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8653a903bc91df688b937d54739e1496f822eeeb698c0cdf9299f8bd1ae7cb8a</image:loc>
      <image:title>Vietjet’s aircraft orders are split between European planemaker Airbus and US rival Boeing.</image:title>
      <image:caption>Vietjet’s aircraft orders are split between European planemaker Airbus and US rival Boeing.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/geely-auto-key-byd-rival-primed-re-enter-singapore-market?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T15:25:41+08:00</news:publication_date>
      <news:title>Geely Auto, a key BYD rival, primed to re-enter Singapore market</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/092bc7162832a004d46c38e03e5e949f63219e3340a866456dd0be04c54c54c9</image:loc>
      <image:title>The Geely logo is seen during the launching of Geely Auto France in Paris.</image:title>
      <image:caption>Geely first entered the Singapore market in 2006, but made a quiet exit after a few years.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/hedge-funds-log-widest-daily-drawdown-covid-stock-rout?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T15:01:37+08:00</news:publication_date>
      <news:title>Hedge funds log widest daily drawdown since Covid in stock rout</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5b23de8cfe9ad350b87f529c1c5bbe34aa69ea3ec3b62b9452c39919db131cd5</image:loc>
      <image:title>Tech stocks in the US were sold heavily on Thursday on mounting concerns over whether massive spending on artificial intelligence will bear fruit.</image:title>
      <image:caption>Tech stocks in the US were sold heavily on Thursday on mounting concerns over whether massive spending on artificial intelligence will bear fruit.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/wealth/wealth-investing/equity-rallys-next-test-wider-participation</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T15:00:00+08:00</news:publication_date>
      <news:title>The equity rally’s next test of wider participation</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e83b62a05128024132936bfbcaac64987ac565f5f9f77423b09fc2a3c063004b</image:loc>
      <image:title>Positive guidance still outnumbers negative guidance, and sell-side forecasts continue to point towards S&amp;P 500 earnings per share of about US$420 by 2027.</image:title>
      <image:caption>Positive guidance still outnumbers negative guidance, and sell-side forecasts continue to point towards S&amp;P 500 earnings per share of about US$420 by 2027.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/chinas-catl-baic-target-1-million-cars-new-battery-swap-network?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T14:40:12+08:00</news:publication_date>
      <news:title>China’s CATL, BAIC target 1 million cars with new battery swap network</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/08f5b368515dbecf5d83b59b55989e654033820864ee511e3ab724f7902eb673</image:loc>
      <image:title>The deal underscores CATL’s intensifying effort to make battery swapping a larger part of China’s EV market.</image:title>
      <image:caption>The deal underscores CATL’s intensifying effort to make battery swapping a larger part of China’s EV market.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/us-mortgage-rates-decline-first-time-9-weeks-7-32?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T14:30:22+08:00</news:publication_date>
      <news:title>US mortgage rates decline for first time in 9 weeks to 7.32%</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f4a82ecd4ed135110af36d99f0d8f193f07e03641cadfe58b927abbe112a91cc</image:loc>
      <image:title>Borrowing costs that have surged over the past two months have strained housing affordability, a key issue for voters with the midterm elections less than two weeks away.</image:title>
      <image:caption>Borrowing costs that have surged over the past two months have strained housing affordability, a key issue for voters with the midterm elections less than two weeks away.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/waymo-founder-predicts-landslide-robotaxi-adoption-singapore-driven-high-car-costs?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T14:00:00+08:00</news:publication_date>
      <news:title>Waymo founder predicts ‘landslide’ robotaxi adoption in Singapore, driven by high car costs</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f17b389e8d22df1573e02498ac502db18a052993d542844555842670f925c970</image:loc>
      <image:title>A Waymo Ojai autonomous vehicle, a China-made EV manufactured by Zeekr, on the road in Los Angeles, California.</image:title>
      <image:caption>A Waymo Ojai autonomous vehicle, a China-made EV manufactured by Zeekr, on the road in Los Angeles, California.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/volvo-car-deepen-job-cuts-china-sales-slump?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T13:59:08+08:00</news:publication_date>
      <news:title>Volvo Car to deepen job cuts as China sales slump</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b640b574297eba356a8991bc869b9ac08aba6e3ccf3cc6df02bd61c9237bb5e5</image:loc>
      <image:title>Volvo’s measures are meant to save five billion kronor and build on an earlier restructuring with around 3,000 job cuts.</image:title>
      <image:caption>Volvo’s measures are meant to save five billion kronor and build on an earlier restructuring with around 3,000 job cuts.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/ocbc-mobile-online-banking-services-restored-after-friday-afternoon-disruption?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T13:49:13+08:00</news:publication_date>
      <news:title>OCBC mobile, online banking services restored after Friday afternoon disruption</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c410198ff508bdd3c4c0164e387ea62bbe6cb9e705143f6cca1da4a30f9d490a</image:loc>
      <image:title>The OCBC logo.</image:title>
      <image:caption>From around 12.31 pm, more than 700 OCBC service outage reports were lodged on tracking site Downdetector.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/pap-internal-election-will-there-be-new-faces-and-what-changes-can-we-expect-oct-25?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T13:43:09+08:00</news:publication_date>
      <news:title>PAP internal election: Will there be new faces and what changes can we expect on Oct 25?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0266db3d48da4678b68fddfefc0f2af07246ebf141898503f3ed214697a587d3</image:loc>
      <image:title>The PAP Awards and Convention on Nov 9, 2025. The PAP will meet on Oct 25 to elect its top leadership body for another two-year term.</image:title>
      <image:caption>The PAP Awards and Convention on Nov 9, 2025. The PAP will meet on Oct 25 to elect its top leadership body for another two-year term.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/petronas-totalenergies-mitsui-ink-jv-pact-develop-malaysia-carbon-storage-sites?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T13:31:59+08:00</news:publication_date>
      <news:title>Petronas, TotalEnergies, Mitsui ink JV pact to develop Malaysia carbon storage sites</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ecb1486f06bd6cd9aad1afe79d8b382a4a67d1f4c5ee786116483e2a70a159ec</image:loc>
      <image:title>The logo of Malaysian energy group Petronas is displayed at its booth during Gastech Bangkok 2026.</image:title>
      <image:caption>The initial phase will focus on a depleted offshore gas field with an injection capacity of up to five million tonnes of CO2 per year.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/new-hospitality-and-tourism-chapter-give-ite-and-polytechnic-students-more-industry-exposure?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T13:19:11+08:00</news:publication_date>
      <news:title>New hospitality and tourism chapter to give ITE and polytechnic students more industry exposure</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5cc3eb6427bf276f4f570a8a1fbf21edb8d8adae83f82769a6b32580d8aea19a</image:loc>
      <image:title>Representatives from IHLs, STB, SHA and Saceos at the signing ceremony to launch the new joint chapter for students from ITE and five polytechnics.</image:title>
      <image:caption>Representatives from IHLs, STB, SHA and Saceos at the signing ceremony to launch the new joint chapter for students from ITE and five polytechnics.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/little-known-south-korean-shipowner-dominates-hormuz-transits-oil-flows-rebound</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T13:04:34+08:00</news:publication_date>
      <news:title>Little-known South Korean shipowner dominates Hormuz transits as oil flows rebound</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/fbe029f099890539f4a59605ef65554410b5e721cadd142ec32c2a9d5d718ff9</image:loc>
      <image:title>Sinoko gained prominence from the early weeks of the Iran war, having amassed a huge tanker fleet in the run up to the conflict through purchases or time charters. </image:title>
      <image:caption>Sinoko gained prominence from the early weeks of the Iran war, having amassed a huge tanker fleet in the run up to the conflict through purchases or time charters. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/economists-mixed-near-term-mas-policy-tightening-after-core-headline-inflation-ease-september?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T13:00:00+08:00</news:publication_date>
      <news:title>Economists mixed on near-term MAS policy tightening after core, headline inflation ease in September</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/85bfc3facbf3441385a021e39ba10012a04ad793e6a0ea38487e16634c3eb255</image:loc>
      <image:title>A shopper at a supermarket in Singapore.</image:title>
      <image:caption>Both core and headline inflation figures undershoot consensus estimates in the latest update.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/cgsi-cuts-genting-singapore-target-price-s0-63-hazy-tourism-outlook?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T12:47:48+08:00</news:publication_date>
      <news:title>CGSI cuts Genting Singapore target price to S$0.63 on hazy tourism outlook</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/9e9c6da046fd0563285d0abf3ed2afe8496ec36fd9e4140314641275d48c50da</image:loc>
      <image:title>image of Genting Singapore’s casino</image:title>
      <image:caption>More haze from Indonesian hotspots, alongside ongoing El Nino conditions, is set to keep visitor numbers subdued through Q4.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/ai-tracking-no-burn-policies-how-sgx-listed-plantation-firms-are-responding-haze?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T12:23:33+08:00</news:publication_date>
      <news:title>AI tracking, no-burn policies: How SGX-listed plantation firms are responding to haze</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1219810974ce285ae5447aecf0d2d5fdd7463e4de420d1a8e4362b2de29d8b1c</image:loc>
      <image:title>Singapore has been grappling with haze, prompting scrutiny on businesses linked to the issue in Indonesia.</image:title>
      <image:caption>Singapore has been grappling with haze, prompting scrutiny on businesses linked to the issue in Indonesia.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/deepseek-minimax-win-approval-deploy-models-overseas-state-media-says</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T12:23:21+08:00</news:publication_date>
      <news:title>DeepSeek, MiniMax win approval to deploy models overseas, state media says</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/435e897978566ccbc1d5ec5a8a87f3f35555fb9f2064a8769c6b64e3779bb5b6</image:loc>
      <image:title>The post addressed Beijing’s draft proposal last week for export control measures that would restrict certain AI tools and services.</image:title>
      <image:caption>The post addressed Beijing’s draft proposal last week for export control measures that would restrict certain AI tools and services.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/sgx-ceo-loh-boon-chye-step-down-succession-planning-under-way?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T12:20:17+08:00</news:publication_date>
      <news:title>SGX CEO Loh Boon Chye to step down; succession planning under way</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/02e2341f78e480fc5288d68fb048fb63e570af6dac2b39189b8aa23bd733185b</image:loc>
      <image:title>SGX’s Loh Boon Chye is preparing to step down after more than a decade at the helm.</image:title>
      <image:caption>SGX’s Loh Boon Chye is preparing to step down after more than a decade at the helm.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/malaysia-thailand-central-banks-join-mas-cross-border-payment-initiative?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T11:58:03+08:00</news:publication_date>
      <news:title>Malaysia, Thailand central banks join MAS cross-border payment initiative</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/930de98d0cdd789ac93a2e709a9c9588a409378c56c774fc4ce41b49f15d9c2c</image:loc>
      <image:title>image of MAS logo</image:title>
      <image:caption>They will partner industry players across their respective jurisdictions to develop common approaches for cross-border use of digital money.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/sk-groups-data-centre-arm-talks-fund-us350-billion-ai-buildout</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T11:49:52+08:00</news:publication_date>
      <news:title>SK Group’s data centre arm in talks to fund US$350 billion AI buildout</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b07796df576155892a7231b122905b38a7b1844a53bb37566efe2c46743a9189</image:loc>
      <image:title>The first 5 GW phase of the project alone would require US$350 billion including equipment, said Chung Suk-geun, CEO of SK Hyper, SK Group’s data centre arm.</image:title>
      <image:caption>The first 5 GW phase of the project alone would require US$350 billion including equipment, said Chung Suk-geun, CEO of SK Hyper, SK Group’s data centre arm.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/knight-franks-tan-tee-khoon-leaves-firm-nicholas-keong-takes-over-auction-business?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T11:14:47+08:00</news:publication_date>
      <news:title>Knight Frank’s Tan Tee Khoon leaves firm, Nicholas Keong takes over auction business</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f55474883759bb5bb5aed0f1d1e47d3dd97cf4a036a4b5358a6d06ed809bb231</image:loc>
      <image:title>Tan Tee Khoon (left) and Nicholas Keong.</image:title>
      <image:caption>Tan Tee Khoon (left) has left the firm to pursue other interests; Nicholas Keong will take on the role of head, auction, residential and private office.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-heads-sharpest-weekly-decline-four-months-fed-rate-outlook</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T11:01:44+08:00</news:publication_date>
      <news:title>Gold heads for sharpest weekly decline in four months on Fed rate outlook</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0e418c4f433d0a0d04c7e38239377f5b9034afe811f55c7e45a75b2ce019e841</image:loc>
      <image:title>US gold futures for December delivery dropped 0.6% to US$4,033.70. </image:title>
      <image:caption>US gold futures for December delivery dropped 0.6% to US$4,033.70. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/taiwan-shuts-down-ahead-typhoon-champi-nearly-1000-flights-cancelled</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T10:33:53+08:00</news:publication_date>
      <news:title>Taiwan shuts down ahead of Typhoon Champi, nearly 1,000 flights cancelled</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/81862f4e25a51b65548b95be18091a4053f1716d8fd7fb085f6646772e180322</image:loc>
      <image:title>The storm’s forecast track shows it will pass just off northeastern Taiwan, turn north towards the Chinese coast and eventually move into southern Japan.</image:title>
      <image:caption>The storm’s forecast track shows it will pass just off northeastern Taiwan, turn north towards the Chinese coast and eventually move into southern Japan.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/openai-shifts-value-us1-25-trillion-funding-talks-finalise</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T10:02:46+08:00</news:publication_date>
      <news:title>OpenAI shifts value to US$1.25 trillion as funding talks finalise</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f5453ec6526ba3e001a6c09781a97b9c3aa150e4b1d6a2bc6f71f7d75f0b3b79</image:loc>
      <image:title>OpenAI has been in talks with multiple investment funds from the United Arab Emirates, among other firms including BlackRock.</image:title>
      <image:caption>OpenAI has been in talks with multiple investment funds from the United Arab Emirates, among other firms including BlackRock.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/esg/singapore-commits-s143-million-fund-rd-industrial-decarbonisation?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T10:00:00+08:00</news:publication_date>
      <news:title>Singapore commits S$143 million to fund R&amp;D for industrial decarbonisation</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/830e47fd100e311424c83e7274bc7647292264f6c33cc2612776263ab4479c7b</image:loc>
      <image:title>DPM Gan Kim Yong says the transition of Singapore’s industries is key to the city-state achieving its climate goals.</image:title>
      <image:caption>DPM Gan Kim Yong says the transition of Singapore’s industries is key to the city-state achieving its climate goals.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/keppel-energy-sembcorp-utilities-and-tuas-power-supply-biomethane-pilot-project?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T09:59:12+08:00</news:publication_date>
      <news:title>Keppel Energy, Sembcorp Utilities and Tuas Power to supply biomethane in pilot project</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a5ea06c3545e2805ed0493618d1d0e49282218c0c7cb8253bbbf1608a9aabafe</image:loc>
      <image:title>Plans to set up the biomethane regulatory sandbox were first announced in October 2025.</image:title>
      <image:caption>Plans to set up the biomethane regulatory sandbox were first announced in October 2025.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/spacex-talks-access-80000-cell-sites-new-network</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T09:34:00+08:00</news:publication_date>
      <news:title>SpaceX in talks to access 80,000 cell sites for new network</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d043321797d976b947c9dcf79d075ab53fec028f06cac2a8b3505cdca6d96652</image:loc>
      <image:title>The creation of a standalone wireless carrier threatens existing dominant providers with increased competition from a well-funded, politically potent new rival. </image:title>
      <image:caption>The creation of a standalone wireless carrier threatens existing dominant providers with increased competition from a well-funded, politically potent new rival. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/take-new-private-homes-dives-45-q3-prices-accelerate-1-4-rise?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T09:28:31+08:00</news:publication_date>
      <news:title>Take-up of new private homes dives 45% in Q3 as prices accelerate with 1.4% rise</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e474690a322b4b6042bc3cbcfdcc7933e17d8ed5ad47ba504459e52ffebc02b5</image:loc>
      <image:title>Singapore residential property.</image:title>
      <image:caption>The stock of completed private residential units, excluding ECs, grows by 3,491 units in Q3.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/office-rents-singapores-central-region-rise-0-8-q3-over-q2-ura-data-shows?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T09:10:11+08:00</news:publication_date>
      <news:title>Office rents in Singapore’s central region rise 0.8% in Q3 over Q2, URA data shows</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0850cb6e4baf4404dbc77bcd2490a8dfa40128716421110b3a2ee279c8bc9e09</image:loc>
      <image:title>The URA released data on the Singapore office market on Friday (Oct 23).</image:title>
      <image:caption>The URA released data on the Singapore office market on Friday (Oct 23).</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sk-hynix-samsung-fall-asian-tech-sell-deepens-and-crude-oil-extends-gains</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T08:57:36+08:00</news:publication_date>
      <news:title>SK Hynix, Samsung fall as Asian tech sell-off deepens and crude oil extends gains</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e2286b7c40a8f5584a1843d113665dcb7e9441830bef6adb72da8bd3b1443719</image:loc>
      <image:title>As at 12.28 pm Tokyo time, Japan’s Topix fell 1.8%, Australia’s S&amp;P/ASX 200 fell 0.2%, Hong Kong’s Hang Seng rose 0.5% and the Shanghai Composite fell 1.1%.</image:title>
      <image:caption>As at 12.28 pm Tokyo time, Japan’s Topix fell 1.8%, Australia’s S&amp;P/ASX 200 fell 0.2%, Hong Kong’s Hang Seng rose 0.5% and the Shanghai Composite fell 1.1%.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/stocks-watch-seatrium-capitaland-investment-keppel-dc-reit-suntec-reit-clct-tsh-resources?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T08:42:33+08:00</news:publication_date>
      <news:title>Stocks to watch: Seatrium, CapitaLand Investment, Keppel DC Reit, Suntec Reit, CLCT, TSH Resources</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8d3cad55d3a869a71dbb834194b9cdb9c391f5108e97355bb238ddccfe8b7671</image:loc>
      <image:title>CapitaLand Investment names banking veteran Hsieh Fu Hua as independent chairman, effective Jan 1, 2027.</image:title>
      <image:caption>CapitaLand Investment names banking veteran Hsieh Fu Hua as independent chairman, effective Jan 1, 2027.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capitaland-china-trusts-q3-npi-falls-5-1-us38-9-million?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T08:36:12+08:00</news:publication_date>
      <news:title>CapitaLand China Trust’s Q3 NPI falls 5.1% to US$38.9 million</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0ddfe8ef8f07784bbecedd4cca971d275080f8dbb09f8575440835118ecfa833</image:loc>
      <image:title>CapitaMall Xuefu in China. CapitaLand China Trust posted net property income of 259.6 million yuan (US$38.9 million) for its third quarter ended Sep 30.</image:title>
      <image:caption>CLCT’s retail occupancy stands at 97.2% as at Sep 30, up slightly from 97.1% a year earlier.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/sk-hynix-scraps-solidigm-us-ipo-after-shareholder-opposition-duplicate-listing-concerns</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T08:28:12+08:00</news:publication_date>
      <news:title>SK Hynix scraps Solidigm US IPO after shareholder opposition, ‘duplicate listing’ concerns</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/125186ba27b65799e5fcfe6c97371dd9cece264f27e06a9c5f8b4daecde15922</image:loc>
      <image:title>SK Hynix has also halted a pre-IPO investment process that was pursued alongside the listing, according to a regulatory filing on Oct 23.</image:title>
      <image:caption>SK Hynix has also halted a pre-IPO investment process that was pursued alongside the listing, according to a regulatory filing on Oct 23.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/reits-property/keppel-dc-reit-9m-dpu-11-7-s0-08571-organic-growth-acquisitions?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T08:12:35+08:00</news:publication_date>
      <news:title>Keppel DC Reit 9M DPU up 11.7% at S$0.08571 on organic growth, acquisitions</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ff0c65f863f57b2b3d14ced4dbe7be3f1130527694d8594897813908d40017b1</image:loc>
      <image:title>Keppel DC Reit’s aggregate leverage rose to 36.2% as at end-September, due to a partial drawdown of yen loans to fund the acquisition of Tokyo Data Centre 4 and 5.</image:title>
      <image:caption>Keppel DC Reit’s aggregate leverage rose to 36.2% as at end-September, due to a partial drawdown of yen loans to fund the acquisition of Tokyo Data Centre 4 and 5.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/most-beautiful-bike-money-cant-buy-singapore?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T08:00:00+08:00</news:publication_date>
      <news:title>The most beautiful bike that money can’t buy in Singapore</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/730616244b57a0a4850d73480c1550e4cc80922c3cef9dee4be38e208cf7e6e6</image:loc>
      <image:title>Simon Skinner, head of design at Norton Motorcycles, compares the Manx R to the Aston Martin of bikes.</image:title>
      <image:caption>Simon Skinner, head of design at Norton Motorcycles, compares the Manx R to the Aston Martin of bikes.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/apple-bets-iphone-duo-can-remake-foldable-market-sales-begin</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:02:10+08:00</news:publication_date>
      <news:title>Apple bets iPhone Duo can remake foldable market as sales begin</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/63652e044923ee5f2ddf89ff421d1491a49c1f331fc74b034d977649c8ec9dc6</image:loc>
      <image:title>Within minutes of pre-orders opening on Oct 16, Apple’s estimated delivery dates for the Duo had slipped to late January as demand outpaced supply. </image:title>
      <image:caption>Within minutes of pre-orders opening on Oct 16, Apple’s estimated delivery dates for the Duo had slipped to late January as demand outpaced supply. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/audemars-piguet-women-gem-set-and-match?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Audemars Piguet for women: Gem, set and match</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7405c8491a17a7ce37bb814b544e13fa6c66f2e9954c0c149f16c16c39f65096</image:loc>
      <image:title>For over a decade, Audemars Piguet and tennis star, entrepreneur and producer Serena Williams have nurtured a relationship grounded in a shared belief: that time is crafted, not simply measured.</image:title>
      <image:caption>For over a decade, Audemars Piguet and tennis star, entrepreneur and producer Serena Williams have nurtured a relationship grounded in a shared belief: that time is crafted, not simply measured.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/audemars-piguet-royal-oak-offshore-colour-ceramic-complication?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Audemars Piguet Royal Oak Offshore: Colour, ceramic, complication</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/fb22af2843229740293555238c07e01b14507f9175ed2f6aa42b0f43f00ecbe3</image:loc>
      <image:title>The 42 mm Royal Oak Offshore Selfwinding Chronograph explores a vitalising colour palette through three new models.</image:title>
      <image:caption>The 42 mm Royal Oak Offshore Selfwinding Chronograph explores a vitalising colour palette through three new models.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/akio-naito-taking-grand-seiko-world?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Akio Naito is taking Grand Seiko to the world</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4b98eeb9e975c5cbb64adb0231532e3446bfbe7d827aa7c61de043cb59bb85ce</image:loc>
      <image:title>Akio Naito formally took over as president of Seiko Watch Corporation in 2021.</image:title>
      <image:caption>Akio Naito formally took over as president of Seiko Watch Corporation in 2021.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/watches/the-business-of-time-2026/rolex-oyster-100th-anniversary-inside-2026-centennial-celebration?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Rolex Oyster 100th anniversary: Inside the 2026 centennial celebration</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a8bf21df41ad283ac2496132aa34a57480941bbc23ab3abaafcf28ef92dd2901</image:loc>
      <image:title>The Oyster Perpetual 41 is unveiled in a reinterpreted yellow Rolesor – a mix of yellow gold and Oystersteel.</image:title>
      <image:caption>The Oyster Perpetual 41 is unveiled in a reinterpreted yellow Rolesor – a mix of yellow gold and Oystersteel.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/singaporean-ex-biomedical-research-officer-who-makes-watches-home?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Singaporean ex-biomedical research officer who makes watches at home</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f8d50666766deea480e4673bd9eff128bf2d75bb2353d9f50cad9abd08f9836a</image:loc>
      <image:title>Demand for the 12-piece series Watch 1, a manually wound timepiece with a German-silver dial and hand-finished movement bridges, exceeded supply by more than 1,000 per cent.</image:title>
      <image:caption>Demand for the 12-piece series Watch 1, a manually wound timepiece with a German-silver dial and hand-finished movement bridges, exceeded supply by more than 1,000 per cent.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/tissot-brings-historical-legacy-lineage-gravitas-its-new-timepieces?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Tissot brings historical legacy, lineage, gravitas to its new timepieces</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/270f1b003af110f874776635f9a92ee679966280e1c1de7aad91c382e00a7556</image:loc>
      <image:title>British actor Daniel Ings is the face of the Tissot Gentleman 38 mm watch.</image:title>
      <image:caption>British actor Daniel Ings is the face of the Tissot Gentleman 38 mm watch.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/easy-rent-out-hard-sell-are-buyers-losing-interest-singapores-one-bedroom-condos?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Easy to rent out, hard to sell: Are buyers losing interest in Singapore’s one-bedroom condos?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2d69c22afafe4aecb1d300f5077e7760d6cfc28a22deb86b877bfea75767b34f</image:loc>
      <image:title>The generally lower price for smaller resale properties makes them more accessible to buyers priced out of new projects or larger homes.</image:title>
      <image:caption>The generally lower price for smaller resale properties makes them more accessible to buyers priced out of new projects or larger homes.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/iwc-brings-colour-singapore-grand-prix-ceramic-ingenieur-and-more?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>IWC brings colour to the Singapore Grand Prix, ceramic Ingenieur and more</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4eca5dfa23165b318031d6918b3c8852f3173e96b52200384153742ee38a42e1</image:loc>
      <image:title>(From left) F1 drivers George Russell and Kimi Antonelli wearing the Pilot’s Watch Chronograph 41 Mercedes-AMG Petronas F1 Team (Ref IW388121).</image:title>
      <image:caption>(From left) F1 drivers George Russell and Kimi Antonelli wearing the Pilot’s Watch Chronograph 41 Mercedes-AMG Petronas F1 Team (Ref IW388121).</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/lange-sohne-shows-saxonian-sophistication?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>A. Lange &amp; Sohne shows off Saxonian sophistication</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/175353735ae2956faee65d57028aaee9c3b33c24da76ce8c33389d80d069fcf5</image:loc>
      <image:title>Inspired by classic pocket watches made by Lange’s founder, Ferdinand Adolph Lange, the 1815 collection brims with elegant, old-world allure. </image:title>
      <image:caption>Inspired by classic pocket watches made by Lange’s founder, Ferdinand Adolph Lange, the 1815 collection brims with elegant, old-world allure. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/sea-gull-revisits-its-military-heritage-six-new-1963-chronographs?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Sea-Gull revisits its military heritage with six new 1963 chronographs</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/fd8847a1464ac333d0299ac9d16f55da582a0d51e816fef40b4880f46178b7f1</image:loc>
      <image:title>The Sea-Gull 1963 Aurora Edition Chronograph in Deep Blue.</image:title>
      <image:caption>The Sea-Gull 1963 Aurora Edition Chronograph in Deep Blue.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/omega-shrinks-iconic-watch-size-everyone-loves?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Omega shrinks an iconic watch to a size everyone loves</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d8e56a365965af9b46ff1151a2b42130f352cc4647de945f398256e3f92f068c</image:loc>
      <image:title>The only no-date display Speedmaster steel model with a black varnished dial and a black aluminium bezel that recalls the look of the original Moonwatch.</image:title>
      <image:caption>The only no-date display Speedmaster steel model with a black varnished dial and a black aluminium bezel that recalls the look of the original Moonwatch.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/horizons-horology?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Horizons in horology</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/24fddada0e22a0e3dd3659629cd9f06bb94228584db0dc1707cd42726f508519</image:loc>
      <image:title>With its instantaneous annual calendar, the new Perpetual Padellone from Rolex brings precision and poetry together in a new way.</image:title>
      <image:caption>With its instantaneous annual calendar, the new Perpetual Padellone from Rolex brings precision and poetry together in a new way.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/tudor-lives-its-born-dare-manifesto?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Tudor lives up to its Born To Dare manifesto</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/410ba220d405e123de62663c171b06fe34c3f1d5ef3ce4aa98454ec28ec94169</image:loc>
      <image:title>Tudor has released black ceramic watch cases before, but this is the first time the material runs to the bracelet for the Black Bay Ceramic.</image:title>
      <image:caption>Tudor has released black ceramic watch cases before, but this is the first time the material runs to the bracelet for the Black Bay Ceramic.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/pascal-raffy-ready-write-next-chapter-bovet-his-children?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Pascal Raffy is ready to write the next chapter of Bovet with his children</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d0775f72cb6dc84bcf1b532cb19a2b6fd4c2d4b462f564d693a48e1937a14d61</image:loc>
      <image:title>Bovet owner Pascal Raffy came to the watchmaking industry as a collector of fine timepieces and an accomplished entrepreneur.</image:title>
      <image:caption>Bovet owner Pascal Raffy came to the watchmaking industry as a collector of fine timepieces and an accomplished entrepreneur.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/watches/the-business-of-time-2026/franck-muller-puts-bling-complications?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Franck Muller puts the bling in  complications</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c8e1581045915d0fa3b8916ce030980e0180092cc443cda231cbd1f97bae8dcf</image:loc>
      <image:title>The Long Island Master Jumper Skeleton is a reminder that Franck Muller is the true master of complications.</image:title>
      <image:caption>The Long Island Master Jumper Skeleton is a reminder that Franck Muller is the true master of complications.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/history-details-always-longines?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>History in the details as always for Longines</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/38a754a3042623c93911746fa02cc16040c6a6ab8a5b60efeaefd4dd4b19c0c4</image:loc>
      <image:title>The redesigned Master Collection line introduces its first monopusher chronograph in 41 mm steel versions.</image:title>
      <image:caption>The redesigned Master Collection line introduces its first monopusher chronograph in 41 mm steel versions.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/apple-emerges-wall-streets-favourite-ai-haven-spending-fears-hit</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Apple emerges as Wall Street’s favourite AI haven as spending fears hit</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d19a78dd6804a5e918f99630145a5dfc8d3efc7e81be299ad01dcd0d789281ca</image:loc>
      <image:title>A person holds iPhones at the Apple Fifth Avenue flagship store in New York, US.  Apple’s stock is up 28% in 2026, making it the biggest contributor to the S&amp;P 500’s climb.</image:title>
      <image:caption>While most mega-cap tech companies are spending wildly on AI infrastructure, Apple is focusing on creating products that get consumers buzzing.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/urwerk-bids-farewell-icons-while-welcoming-bold-new-era?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Urwerk bids farewell to icons while welcoming a bold new era</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6b4fbbb4b4ba14ac0c7896d4f26a2a2df8a4a442c8c4aa89c07c40450e98f6ec</image:loc>
      <image:title>The UR-10 SpaceMeter Blue Final Edition</image:title>
      <image:caption>The UR-10 SpaceMeter Blue Final Edition</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/patek-philippe-annual-calendar-continues-win-new-admirers?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Patek Philippe annual calendar continues to win new admirers</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c17eed6cad08947b5f0e7204831c6affb7a475fb243ea65736ce8af707fed773</image:loc>
      <image:title>The Patek Philippe Ref 4946G-001 radiates casual luxury as the kind of watch that goes perfectly with a linen jacket and a pair of sunglasses for leisurely weekends.</image:title>
      <image:caption>The Patek Philippe Ref 4946G-001 radiates casual luxury as the kind of watch that goes perfectly with a linen jacket and a pair of sunglasses for leisurely weekends.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/vacheron-constantin-celebrates-30-years-overseas?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Vacheron Constantin celebrates 30 years of the Overseas</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5ba744eec6ddbeb617d97e919ef86e91baa0ee94a36393a8e27bc2348846c6c1</image:loc>
      <image:title>The Overseas Dual Time Cardinal Points is a quartet of titanium travel watches created around the theme of exploration.</image:title>
      <image:caption>The Overseas Dual Time Cardinal Points is a quartet of titanium travel watches created around the theme of exploration.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/the-business-of-time-2026/grand-seiko-pays-tribute-japanese-nature-new-evolution-9-watches?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T07:00:00+08:00</news:publication_date>
      <news:title>Grand Seiko pays tribute to Japanese nature in new Evolution 9 watches</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/fa46f3bf86908941fb61c145b94c012fa1a98ed8d6550a3fda044e40adfa503e</image:loc>
      <image:title>At first, the dial of the SLGB007 appears almost uniformly black, but as light moves across its sunray finish, warm undertones and individual ripples come into focus.</image:title>
      <image:caption>At first, the dial of the SLGB007 appears almost uniformly black, but as light moves across its sunray finish, warm undertones and individual ripples come into focus.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/us-proposes-curbs-investment-chinese-biotech-firms</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T06:51:18+08:00</news:publication_date>
      <news:title>US proposes curbs on investment in Chinese biotech firms</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e30f251958c66b5dfd4f37ffc0d778d3e8c00ee9bf01a262678a0ac03f82d30b</image:loc>
      <image:title>The US Treasury Department on Oct 22 proposed adding biotechnology to a list of sensitive technologies subject to restrictions on American investment.</image:title>
      <image:caption>The US Treasury Department on Oct 22 proposed adding biotechnology to a list of sensitive technologies subject to restrictions on American investment.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/anthropic-ipo-drive-blockbuster-gains-iconiq-spark-gic</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T06:37:11+08:00</news:publication_date>
      <news:title>Anthropic IPO to drive blockbuster gains for Iconiq, Spark, GIC</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3da69eea81348654f08c272e1bf0da597caa3f42ed5a1b473b508d903b354569</image:loc>
      <image:title>The IPO may bolster the net worth of Anthropic’s seven billionaire co-founders and turn many of its staff into millionaires.</image:title>
      <image:caption>The IPO may bolster the net worth of Anthropic’s seven billionaire co-founders and turn many of its staff into millionaires.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-tops-us115-5-month-high-middle-east-supply-risks-mount</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T06:14:12+08:00</news:publication_date>
      <news:title>Oil tops US$115 to 5-month high as Middle East supply risks mount</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7a966100e60f5af7c1f21e1f8314b66b2577b5ef0ac620ce071afb44c93cc4da</image:loc>
      <image:title>Oil prices have posted a sharp gain ahead of last weekend as traders were reluctant to hold short positions while markets were closed.</image:title>
      <image:caption>Oil prices have posted a sharp gain ahead of last weekend as traders were reluctant to hold short positions while markets were closed.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/europes-stoxx-600-posts-biggest-drop-three-weeks-banks-tumble-and-oil-climbs</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T06:01:59+08:00</news:publication_date>
      <news:title>Europe&apos;s Stoxx 600 posts biggest drop in three weeks as banks tumble and oil climbs</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3842468f086d4d17c472c73ed5d487ac678dd8f3561e7892e88f8b36ae4ac5cd</image:loc>
      <image:title>Investor worries about the sustainability and profitability of massive AI spending revived concerns that triggered several tech sell-offs in 2026. </image:title>
      <image:caption>Investor worries about the sustainability and profitability of massive AI spending revived concerns that triggered several tech sell-offs in 2026. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sp-500-nasdaq-end-sharply-lower-revived-ai-doubts-ignite-tech-sell</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T05:55:46+08:00</news:publication_date>
      <news:title>S&amp;P 500, Nasdaq end sharply lower as revived AI doubts ignite tech sell-off</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/23a8bb26e80e5179c4e2c669b8d64e49c19d65d9bec192550be7b19baafdb2b3</image:loc>
      <image:title>“Investors are starting to realise that there are some holes in the AI story,” said a senior wealth adviser &amp; market strategist at Murphy &amp; Sylvest.</image:title>
      <image:caption>“Investors are starting to realise that there are some holes in the AI story,” said a senior wealth adviser &amp; market strategist at Murphy &amp; Sylvest.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/podcasts/asean-youth-employment-rebuilding-bargain-young-workers?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-23T05:00:00+08:00</news:publication_date>
      <news:title>Asean youth employment: Rebuilding the bargain with young workers</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d1a6bc7135390a43c0a40c74a51ea3bf2032b5e9341b8c2df8e5b9b4b2dd8f9d</image:loc>
      <image:title>Has the employment bargain between companies and younger people fundamentally changed?</image:title>
      <image:caption>Has the employment bargain between companies and younger people fundamentally changed?</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/tabla-launches-leadership-exchange-series-dialogue-singapore-india-bilateral-relations?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T23:32:21+08:00</news:publication_date>
      <news:title>tabla! launches Leadership Exchange Series with dialogue on Singapore-India bilateral relations</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4b53bb5248adccdc6fb92f60948a52d177af2d07869b05052864ae44e4eebced</image:loc>
      <image:title>Minister of State for Foreign Affairs and Energy, Trade and Industry Gan Siow Huang (centre) speaking at the tabla! Leadership Exchange Series on Oct 21.</image:title>
      <image:caption>Minister of State for Foreign Affairs and Energy, Trade and Industry Gan Siow Huang (centre) speaking at the tabla! Leadership Exchange Series on Oct 21.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/tsh-resources-reports-274-hot-spots-within-estate-boundaries-after-sgx-queries-over-haze?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T22:23:37+08:00</news:publication_date>
      <news:title>TSH Resources reports 274 hot spots within estate boundaries after SGX queries over haze</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e0846d0eb2e7f0897dac176d6b955c0eee4e82a11b2bf37082092fa56cf802da</image:loc>
      <image:title>Smoke rises from a wildfire in a peat forest in Mempawah in West Kalimantan province, Indonesia.</image:title>
      <image:caption>TSH Resources operates 36,000 hectares of planted areas in Kalimantan and Sumatra, according to its 2025 annual report.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-opens-lower-ai-jitters-return-oil-rises</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T22:16:27+08:00</news:publication_date>
      <news:title>Wall Street opens lower as AI jitters return, oil rises</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ff905eddd4323b836d50a6d89ebd04b929ca1d91612e0b6c85f0b59425c40529</image:loc>
      <image:title>The Nasdaq Composite dropped 394.5 points, or 1.48 per cent, to 26,308.407 on Thursday.</image:title>
      <image:caption>The Nasdaq Composite dropped 394.5 points, or 1.48 per cent, to 26,308.407 on Thursday.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/ebay-axe-9-staff-second-round-job-cuts-2026</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T22:07:12+08:00</news:publication_date>
      <news:title>eBay to axe 9% of staff in second round of job cuts in 2026</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/67eb41d958d604b9ba3d9154759ff32705921dd33b59a7e9022951665d9e9ac6</image:loc>
      <image:title>The retrenchments will affect around 1,000 employees.</image:title>
      <image:caption>The retrenchments will affect around 1,000 employees.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/us-weekly-jobless-claims-near-57-year-lows</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T21:51:51+08:00</news:publication_date>
      <news:title>US weekly jobless claims near 57-year lows</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/cf00f3ed1ba4de3e10462d3bf13e51a8826f28924a31e61cfe0f91d5b1ab6648</image:loc>
      <image:title>Economists say rising profits amid strong domestic demand were shielding workers from layoffs.</image:title>
      <image:caption>Economists say rising profits amid strong domestic demand were shielding workers from layoffs.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/economy-policy/govtech-retrenches-another-38-staff-second-round-layoffs?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T21:49:16+08:00</news:publication_date>
      <news:title>GovTech retrenches another 38 staff in second round of layoffs</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7012e8ffc25819372c90f6ae66ea3fa556150aedf762ceb774fbcde30253cfec</image:loc>
      <image:title>A GovTech office in Mapletree Business City, Singapore. The Government Technology Agency has retrenched another 38 employees in the second phase of its two-year workforce transformation exercise.</image:title>
      <image:caption>The 38 officers leaving GovTech were primarily in roles structured around traditional project delivery.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/millions-hacking-attempts-companies-governments-rush-patch-php-flaws</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T21:32:36+08:00</news:publication_date>
      <news:title>Millions of hacking attempts as companies, governments rush to patch PHP flaws</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/9e4fe0ba45b37e2466dda981bda2aff8e39c2ffe420fd4da177f8ebf9e91f144</image:loc>
      <image:title>PHP code and the words “cyber attack” are displayed on a screen. Companies and governments worldwide rushed on Oct 22 to patch critical flaws in the widely used PHP programming language.</image:title>
      <image:caption>The emergency shutdowns of banking, airline, rail, tax and government services worldwide show how much public and corporate systems rely on PHP.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/firms-here-should-act-now-fix-critical-php-vulnerabilities-singapores-cybersecurity-chief?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T21:16:55+08:00</news:publication_date>
      <news:title>Firms here should ‘act now’ to fix critical PHP vulnerabilities: Singapore’s cybersecurity chief</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/9dcdb0a23531512a790b5d3115fdad608c5d800fb4a8d2afff3b5d3e5a7b68cd</image:loc>
      <image:title>PHP developers released urgent fixes on Oct 21 for vulnerabilities that had resided in the software for years until they were uncovered by artificial intelligence tools.</image:title>
      <image:caption>PHP developers released urgent fixes on Oct 21 for vulnerabilities that had resided in the software for years until they were uncovered by artificial intelligence tools.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/sgx-eyes-asian-dual-listings-philippine-stock-exchange</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T21:04:25+08:00</news:publication_date>
      <news:title>SGX eyes Asian dual listings with Philippine Stock Exchange</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/dcf9d47705604858bc873dc0d32cc68022eb30b1368cabc32681689ee653b37e</image:loc>
      <image:title>The exchange operators will explore offering products including depository receipts, ETFs and derivatives.</image:title>
      <image:caption>The exchange operators will explore offering products including depository receipts, ETFs and derivatives.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/suntec-reit-q3-dpu-rises-13-4-stronger-singapore-portfolio-performance?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T21:04:22+08:00</news:publication_date>
      <news:title>Suntec Reit Q3 DPU rises 13.4% on stronger Singapore portfolio performance</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2867497c8f8194c42308719ab87ec5bf2d230ae25a2a9b0fdea6cdbccc9c3fbd</image:loc>
      <image:title>Suntec Reit’s manager says the rise in gross revenue was due to stronger operating performance across its Singapore office and retail portfolio. </image:title>
      <image:caption>Suntec Reit’s manager says the rise in gross revenue was due to stronger operating performance across its Singapore office and retail portfolio. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/pg-flags-bigger-hit-annual-profit-higher-commodity-costs-beats-revenue-estimates</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T20:56:23+08:00</news:publication_date>
      <news:title>P&amp;G flags bigger hit to annual profit from higher commodity costs, beats revenue estimates</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b47934a43f98ad21bc6825b8d260f025826d28470bb66197085f19eb4f041399</image:loc>
      <image:title>Higher fuel prices have pushed up transportation and freight costs for packaged-goods companies such as P&amp;G.</image:title>
      <image:caption>Higher fuel prices have pushed up transportation and freight costs for packaged-goods companies such as P&amp;G.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/yen-set-biggest-rally-month-investors-seek-safe-havens?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T20:51:41+08:00</news:publication_date>
      <news:title>Yen set for biggest rally in a month as investors seek safe havens</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/000a69b4708710dddf14bd34a855afb6a128e89f95cb7d54f533a1d7d027d308</image:loc>
      <image:title>The yen, which has spent much of October in a tight range, strengthened sharply, leaving the dollar down 0.9% at 156.8.</image:title>
      <image:caption>The yen, which has spent much of October in a tight range, strengthened sharply, leaving the dollar down 0.9% at 156.8.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capitaland-investment-appoints-banking-veteran-hsieh-fu-hua-chairman-jan-1-2027?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T20:39:16+08:00</news:publication_date>
      <news:title>CapitaLand Investment appoints banking veteran Hsieh Fu Hua as chairman from Jan 1, 2027</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8d3cad55d3a869a71dbb834194b9cdb9c391f5108e97355bb238ddccfe8b7671</image:loc>
      <image:title>Banking veteran Hsieh Fu Hua (above) will succeed Miguel Ko, who will retire as non-executive chairman and non-independent director on Dec 31.</image:title>
      <image:caption>Banking veteran Hsieh Fu Hua (above) will succeed Miguel Ko, who will retire as non-executive chairman and non-independent director on Dec 31.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/mbs-adjusted-property-ebitda-falls-20-6-q3-fewer-high-roller-visits-weaker-hold?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T20:37:35+08:00</news:publication_date>
      <news:title>MBS adjusted property Ebitda falls 20.6% in Q3 with fewer high-roller visits, weaker hold</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/806946aa10b6382e34cc169ba15d0d2783da918b704bf76031306c6f2212bded</image:loc>
      <image:title>The casino at Marina Bay Sands in Singapore. MBS’ net revenue for Q3 is down 9.9% year on year at US$1.29 billion.</image:title>
      <image:caption>MBS’ net revenue is down 9.9% year on year at US$1.29 billion.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/indonesia-warns-it-could-review-energy-exports-countries-disrespect-it?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T20:35:49+08:00</news:publication_date>
      <news:title>Indonesia warns it could review energy exports to countries that ‘disrespect’ it</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f069c40c60ce2d9544639136aa89338c471aa4f520e0f7551888ce0b2141153e</image:loc>
      <image:title>Indonesia exported natural gas to several countries in 2025, including Japan, China, Singapore and South Korea.</image:title>
      <image:caption>Indonesia exported natural gas to several countries in 2025, including Japan, China, Singapore and South Korea.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/chinas-xi-calls-qualitative-improvement-measurable-growth-economy</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T20:04:30+08:00</news:publication_date>
      <news:title>China’s Xi calls for qualitative improvement, measurable growth in economy</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/77c42bc79e55ed1e93b124030d5cf2cfa8f29a7a6e2d93c9ac2e263609a6cf9c</image:loc>
      <image:title>Chinese President Xi Jinping emphasised upholding the CCP’s “absolute leadership” over the armed forces and advancing the “political building of the military”.</image:title>
      <image:caption>Chinese President Xi Jinping emphasised upholding the CCP’s “absolute leadership” over the armed forces and advancing the “political building of the military”.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/worlds-largest-offshore-wind-platform-seatrium-consortium-track-be-completed-2028?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T19:46:46+08:00</news:publication_date>
      <news:title>World’s largest offshore wind platform by Seatrium consortium on track to be completed by 2028</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3b3b140f886939ffb5c59673ba1cdf2457a75b327423bbf6ed1011a4bc72fc34</image:loc>
      <image:title>Construction of a 2 GW converter platform for the Netherlands’ national grid operator Tennet at Seatrium’s yard in Admiralty, Singapore.</image:title>
      <image:caption>Construction of a 2 GW converter platform for the Netherlands’ national grid operator Tennet at Seatrium’s yard in Admiralty, Singapore.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/koh-brothers-eco-engineering-transfer-sgx-mainboard-oct-29?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T19:06:51+08:00</news:publication_date>
      <news:title>Koh Brothers Eco Engineering to transfer to SGX mainboard on Oct 29</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2f83e9becbc25e5f2e845175e4994eb26e098f6c0aace6a9b2f23742f44317b5</image:loc>
      <image:title>Koh Brothers Eco Engineering says a mainboard listing on SGX will better reflect its stage of development and growth prospects.</image:title>
      <image:caption>Koh Brothers Eco Engineering says a mainboard listing on SGX will better reflect its stage of development and growth prospects.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-222?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T18:45:00+08:00</news:publication_date>
      <news:title>Daily Debrief: What Happened Today (Oct 22)</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b31a07b42f012add6d1c1dd00e433a79c36fc222f9052a95eee1bd833bf8cc6c</image:loc>
      <image:title>The divestment of White Sands for S$467 million has created debt headroom for FCT to recycle proceeds.</image:title>
      <image:caption>The divestment of White Sands for S$467 million has created debt headroom for FCT to recycle proceeds.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/food-drink/johanne-siy-brings-filipino-touch-aro-singapore?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T18:30:00+08:00</news:publication_date>
      <news:title>Johanne Siy brings a Filipino touch to Aro Singapore </news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/cb324f9db28b1cd2eb9007830281dbadbfbcc0bd721cbe73e5b8881d919b76a0</image:loc>
      <image:title>Aro’s understated interiors.</image:title>
      <image:caption>Aro’s understated interiors.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/philippines-fdi-slowdown-exposes-uneven-investment-prospects-across-s-e-asia?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T18:24:36+08:00</news:publication_date>
      <news:title>Philippines’ FDI slowdown exposes uneven investment prospects across S-E Asia</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7ca22c8f5d435db51d4ab25dc19f64400b60885763aa95c0fefbdee5b6c8faa7</image:loc>
      <image:title>Estimates from UNCTAD put 2025 Asean FDI at US$244 billion, with the Philippines attracting US$9 billion.</image:title>
      <image:caption>Estimates from UNCTAD put 2025 Asean FDI at US$244 billion, with the Philippines attracting US$9 billion.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-end-lower-local-banks-decline-sti-down-0-4?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T18:14:35+08:00</news:publication_date>
      <news:title>Singapore shares end lower as local banks decline; STI down 0.4%</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0f9b02b7b9689e31cb7d712826139553f4651ed73088cee432c07d7476cd7c6e</image:loc>
      <image:title>Investors will be watching the US Federal Reserve’s interest rate decision on Oct 28.</image:title>
      <image:caption>Investors will be watching the US Federal Reserve’s interest rate decision on Oct 28.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/energy-security-fears-could-spur-development-asias-upstream-gas-assets-mckinsey?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T18:00:00+08:00</news:publication_date>
      <news:title>Energy security fears could spur development of Asia’s upstream gas assets: McKinsey</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d301de4fdf1ad13ede3cf58cbbc25867e0ab80fad79f9abd0c8673ee4a868419</image:loc>
      <image:title>Gas exploration projects in Asia could become economically viable with the support of resilience-linked incentives or government subsidies.</image:title>
      <image:caption>Gas exploration projects in Asia could become economically viable with the support of resilience-linked incentives or government subsidies.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/evergrande-liquidators-plan-first-payout-creditors-next-year-less-1-recovered</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T17:59:12+08:00</news:publication_date>
      <news:title>Evergrande liquidators plan first payout to creditors next year; less than 1% recovered</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8230282605867b2229c0bea2db10e80b6e5cf265843ab6b0c933e4eee0d8a3a4</image:loc>
      <image:title>An abandoned residential site developed by China Evergrande Group in the outskirts of Shijiazhuang, Hebei province, China, Feb 1, 2024.</image:title>
      <image:caption>An abandoned residential site developed by China Evergrande Group in the outskirts of Shijiazhuang, Hebei province, China, Feb 1, 2024.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/wealth/wealth-investing/mutual-fund-ownership-among-singapores-wealthy-nearly-trebles-2022-citi-report?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T17:45:56+08:00</news:publication_date>
      <news:title>Mutual fund ownership among Singapore’s wealthy nearly trebles since 2022: Citi report</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/facc97434b242f948ef07fb125bfabba1859344a33dbc3a97bde2eda0ea7572a</image:loc>
      <image:title>A Citi Wealth report found that at 41%, Indonesia accounted for the highest proportion of affluent cross-border banking customers using Singapore.</image:title>
      <image:caption>A Citi Wealth report found that at 41%, Indonesia accounted for the highest proportion of affluent cross-border banking customers using Singapore.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/ai-related-demand-powers-prices-rents-singapore-industrial-space-q3?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T17:29:02+08:00</news:publication_date>
      <news:title>AI-related demand powers prices, rents of Singapore industrial space in Q3</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7f2541addf096f6f77519252fd21673ab871b8b0f77e7dd4d8f2a47bacbb88b4</image:loc>
      <image:title>Prices of industrial real estate are up 1% quarter on quarter and 4.2% year on year.</image:title>
      <image:caption>Prices of industrial real estate are up 1% quarter on quarter and 4.2% year on year.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/philippine-central-bank-delivers-larger-expected-50-bps-hike-combat-inflation</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T17:21:31+08:00</news:publication_date>
      <news:title>Philippine central bank delivers larger-than-expected 50 bps hike to combat inflation </news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7ff08df98997d0961f623df93758e6d295eb3715b67a9bc19a24202c68dc58df</image:loc>
      <image:title>The Philippine peso gained after the central bank delivered an outsized interest rate hike but later gave up those gains.</image:title>
      <image:caption>The Philippine peso gained after the central bank delivered an outsized interest rate hike but later gave up those gains.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-slip-barclays-hermes-disappoint-oil-climbs</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T17:10:06+08:00</news:publication_date>
      <news:title>European stocks slip as Barclays, Hermes disappoint; oil climbs</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77</image:loc>
      <image:title>The Stoxx 600 index fell 0.84 per cent to 639.05 points by 0712 GMT on Thursday.</image:title>
      <image:caption>The Stoxx 600 index fell 0.84 per cent to 639.05 points by 0712 GMT on Thursday.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/barclays-cut-5000-jobs-ai-fuelled-push-lower-costs</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T16:47:11+08:00</news:publication_date>
      <news:title>Barclays to cut 5,000 jobs in AI-fuelled push to lower costs</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/73c65d0d94076e5005d4f367b880c62f0d6bb00f8ed4e27c339e45a7cb289bb2</image:loc>
      <image:title>About 60 per cent of the job cuts are coming within support functions, including among developers.</image:title>
      <image:caption>About 60 per cent of the job cuts are coming within support functions, including among developers.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/singapore-dollar-gains-yen-carry-funder-analysts</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T16:22:55+08:00</news:publication_date>
      <news:title>Singapore dollar gains on yen as carry funder: analysts</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c7d69683ca389d9503f4ace6ac77b04d84e8869339984979340ebe4a3fd5e7ef</image:loc>
      <image:title>The Singapore dollar has become less volatile, reducing the risk that exchange-rate moves wipe out extra yield investors earn from a carry trade. </image:title>
      <image:caption>The Singapore dollar has become less volatile, reducing the risk that exchange-rate moves wipe out extra yield investors earn from a carry trade. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/asx-needs-bolster-tech-shortening-trade-settlement-experts-say</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T16:04:41+08:00</news:publication_date>
      <news:title>ASX needs to bolster tech before shortening trade settlement, experts say</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/89e64f5914671f0efb841ca79ea6d070cb66c90f7c92847fb5315ea34b18ed1a</image:loc>
      <image:title>The plan comes even as the ASX is looking to move on from its technology problems.</image:title>
      <image:caption>The plan comes even as the ASX is looking to move on from its technology problems.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/japans-biggest-labour-group-seeks-midpoint-target-6-2027-wage-increase-talks</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T15:37:51+08:00</news:publication_date>
      <news:title>Japan’s biggest labour group seeks midpoint target of 6% for 2027 wage increase talks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/622daab7c2cb2c63f83a396d76e18b789d1e45d7a16ddf3de47ea0e721bc1d3b</image:loc>
      <image:title>Japanese wages were stagnant for decades until 2022, when rising raw material costs pushed up inflation and piled pressure on firms to pay better wages.</image:title>
      <image:caption>Japanese wages were stagnant for decades until 2022, when rising raw material costs pushed up inflation and piled pressure on firms to pay better wages.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/thrive/personal-growth/government-played-cupid-did-sparks-fly?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T15:25:05+08:00</news:publication_date>
      <news:title>The government played Cupid. Did sparks fly?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1f8187704d003d8ac6afa7539ac41298e9015ea8ef2e4513cace584f5f078ee7</image:loc>
      <image:title>BT</image:title>
      <image:caption>BT</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/indonesian-stocks-high-shareholding-concentrations-be-excluded-index-starting-nov-2</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T14:55:52+08:00</news:publication_date>
      <news:title>Indonesian stocks with high shareholding concentrations to be excluded from index starting Nov 2</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5fbbcc124bab5f343ea113fba29c0f17b17eeca7053c342b7b677bdc3ae0d515</image:loc>
      <image:title>MSCI has raised concerns that some transactions were allegedly being manipulated by dominant shareholders.</image:title>
      <image:caption>MSCI has raised concerns that some transactions were allegedly being manipulated by dominant shareholders.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/danantara-ready-deploy-more-capital-indonesian-stocks-after-msci-triggered-rout?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T14:24:48+08:00</news:publication_date>
      <news:title>Danantara ready to deploy more capital into Indonesian stocks after MSCI-triggered rout</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/bed695689864f452b6191ef2db30a5dcc51b472887da29294f552eb22600a66a</image:loc>
      <image:title>Danantara oversees about US$900 billion in state assets across roughly 1,000 companies.</image:title>
      <image:caption>Danantara oversees about US$900 billion in state assets across roughly 1,000 companies.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/china-snaps-australian-canola-improved-ties-lower-tariffs-fuel-demand</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T14:21:54+08:00</news:publication_date>
      <news:title>China snaps up Australian canola as improved ties, lower tariffs fuel demand</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/609222d2a6dcf06c73f51b13e409353c963e2970e018da22682af515b1977658</image:loc>
      <image:title>A header machine (right) deposits harvested canola seeds into a receiving &quot;chaser&quot; truck in a field in Point Wilson, near Melbourne, Australia.</image:title>
      <image:caption>A header machine (right) deposits harvested canola seeds into a receiving &quot;chaser&quot; truck in a field in Point Wilson, near Melbourne, Australia.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/ntuc-kpmg-ink-partnership-help-companies-adopt-ai-and-create-better-jobs?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T14:13:24+08:00</news:publication_date>
      <news:title>NTUC, KPMG ink partnership to help companies adopt AI and create better jobs</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/af2f0eeebc1f75ea25867215ad6b1976ec98a7c26e30892ceeb14421cf84586e</image:loc>
      <image:title>As AI reshapes jobs and workplaces, NTUC secretary-general Ng Chee Meng says it is taking action to ensure workers can adapt and benefit from new opportunities.</image:title>
      <image:caption>As AI reshapes jobs and workplaces, NTUC secretary-general Ng Chee Meng says it is taking action to ensure workers can adapt and benefit from new opportunities.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/arts-design/national-museum-singapore-shows-its-funny-side-hello-kitty-plastic-bags-and-mrt-misery?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T14:05:00+08:00</news:publication_date>
      <news:title>National Museum of Singapore shows its funny side: Hello Kitty, plastic bags and MRT misery</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e91017b8d49ce7f363eebcc966963db690f04a57c972c185214ae966c35b176f</image:loc>
      <image:title>Nation-building stories aside, the new Singapore History Gallery has some odd, eccentric objects.</image:title>
      <image:caption>Nation-building stories aside, the new Singapore History Gallery has some odd, eccentric objects.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/musks-public-endorsement-spacex-tesla-deal-may-throw-wrench-talks</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T14:03:45+08:00</news:publication_date>
      <news:title>Musk’s public endorsement of SpaceX-Tesla deal may throw a wrench in talks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/22e9aedfecf46bfee7500ceee37505651ad0d854f51dc55c3076ea4a2cb81580</image:loc>
      <image:title>Elon Musk has acknowledged that as a conflicted party he cannot be part of the discussions of the special committees to evaluate the merger.</image:title>
      <image:caption>Elon Musk has acknowledged that as a conflicted party he cannot be part of the discussions of the special committees to evaluate the merger.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/indo-pacific-middle-powers-are-building-strategic-space-offering-europe-lesson</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T14:00:00+08:00</news:publication_date>
      <news:title>Indo-Pacific middle powers are building strategic space, offering Europe a lesson</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/034702eeeea0105098c77b312c1f2631a9c0fb1c885229a2a22adbf3e659b0c9</image:loc>
      <image:title>Singapore’s Prime Minister Lawrence Wong is meeting leaders in the Middle East to exchange views on regional security and beef up economic ties.</image:title>
      <image:caption>Singapore’s Prime Minister Lawrence Wong is meeting leaders in the Middle East to exchange views on regional security and beef up economic ties.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/singapore-lower-age-threshold-it-expands-mask-distribution-will-help-retailers-restock?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T14:00:00+08:00</news:publication_date>
      <news:title>Singapore to lower age threshold as it expands mask distribution, will help retailers restock</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7d8f678f258b44bf8e543a6c9724c32899f806cf77c3d0f78049f0cdf8500b4a</image:loc>
      <image:title>Minister for Sustainability and Environment Grace Fu speaking to the media at Beo Crescent Market.</image:title>
      <image:caption>Minister Grace Fu says that the decision to include those aged 60 and above for the mask collection was made after considering public feedback.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/how-made-china-became-status-symbol</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T13:51:55+08:00</news:publication_date>
      <news:title>How ‘made in China’ became a status symbol</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/9a1378d243bc2a1036471a0629fe789a70b2f6f36526f4b00b1bbd639de48abe</image:loc>
      <image:title>Chinese brands are undermining perceptions of customers who are historically resistant to the “Made in China” label.</image:title>
      <image:caption>Chinese brands are undermining perceptions of customers who are historically resistant to the “Made in China” label.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-korea-holds-rates-upbeat-outlook-points-future-hikes</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T13:41:11+08:00</news:publication_date>
      <news:title>Bank of Korea holds rates; upbeat outlook points to future hikes</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/54d6983566897d57ad1bc575d10de0b47b2185ca34164930ead016fd0eff426a</image:loc>
      <image:title>BOK governor Shin Hyun-song said: “We will refine our own thinking and continue to conduct monetary policy with an open mind.”</image:title>
      <image:caption>BOK governor Shin Hyun-song said: “We will refine our own thinking and continue to conduct monetary policy with an open mind.”</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/malaysia-allows-first-export-unprocessed-rare-earths-under-new-rules</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T13:21:56+08:00</news:publication_date>
      <news:title>Malaysia allows first export of unprocessed rare earths under new rules</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/9827590a1ecdaa37d15c33556dffc7c26e49aa891b0c740d24a6fde5f8cf7f66</image:loc>
      <image:title>A rock sample containing rare earth elements. The Department of Mineral and Geoscience Malaysia has permitted a single export application for R&amp;D purposes.</image:title>
      <image:caption>A rock sample containing rare earth elements. The Department of Mineral and Geoscience Malaysia has permitted a single export application for R&amp;D purposes.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/singapore-security-robotics-firm-kabam-cease-operations-nov-20?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T13:03:19+08:00</news:publication_date>
      <news:title>Singapore security robotics firm Kabam to cease operations on Nov 20</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6573a4b58bc56f2cb0dbc61e4641a22fe813243c9bd78f052489c1b780951003</image:loc>
      <image:title>Kabam Robotics co-founders Kelvin Wee (left) and Benjamin Chia with the company’s robots.</image:title>
      <image:caption>Kabam Robotics co-founders Kelvin Wee (left) and Benjamin Chia with the company’s robots in 2023.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/style-society/personalise-your-longchamp-bag-time-christmas?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T13:00:00+08:00</news:publication_date>
      <news:title>Personalise your Longchamp bag – in time for Christmas</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0b7722ef3736aa4be036d6a3a4b5939a3c171fee7ea15e3f858a48520e40e962</image:loc>
      <image:title>Longhamp’s bright and welcoming My Pliage Personalisation Pop-Up.</image:title>
      <image:caption>Longhamp’s bright and welcoming My Pliage Personalisation Pop-Up.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/japan-korea-stocks-fall-asian-markets-dip-while-investors-weigh-tech-earnings-gulf-tensions</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T12:08:13+08:00</news:publication_date>
      <news:title>Japan, Korea stocks fall as Asian markets dip while investors weigh tech earnings, Gulf tensions</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a535e8141f6462fb8b20c78dc6642df19ebb57d35d3a655e9cf2b7e0d88d8d0b</image:loc>
      <image:title>Japan’s Nikkei stock index gave up earlier gains to trade 0.4% lower as Korean shares fell more than 1%.</image:title>
      <image:caption>Japan’s Nikkei stock index gave up earlier gains to trade 0.4% lower as Korean shares fell more than 1%.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/cimb-categorically-denies-it-will-privatise-indonesian-unit-niaga?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T12:04:06+08:00</news:publication_date>
      <news:title>CIMB ‘categorically denies’ that it will privatise Indonesian unit Niaga</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/770a048b90225fcc5b1447d989bff69fd3ca619267140ad9d71a2a71b3b78972</image:loc>
      <image:title>The statement followed reports that cited analysts who attended a briefing with CIMB group chief financial officer Khairul Rifaie.</image:title>
      <image:caption>The statement followed reports that cited analysts who attended a briefing with CIMB group chief financial officer Khairul Rifaie.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/how-asean-can-ramp-regional-cooperation-disaster-relief</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T12:00:00+08:00</news:publication_date>
      <news:title>How Asean can ramp up regional cooperation on disaster relief</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/57959883e947870ed64adcecd18ab20a56043bb4718343f45c56908c42fcf1a6</image:loc>
      <image:title>Smoke and smog from fires in Indonesia have crossed national borders and degraded air quality in Indonesia, Malaysia and Singapore.</image:title>
      <image:caption>Smoke and smog from fires in Indonesia have crossed national borders and degraded air quality in Indonesia, Malaysia and Singapore.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/arts-design/stamp-collecting-enjoying-analogue-revival-or-are-its-best-days-over?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T12:00:00+08:00</news:publication_date>
      <news:title>Is stamp collecting enjoying an analogue revival or are its best days over?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/62bb58396942c00f24e6c0b1612c7638fb40338ed46923cad9fec34168c24039</image:loc>
      <image:title>Stanley Gibbons will hold its inaugural philatelic live auction, The Orchard Road Collection of Malaya Revenues, on Oct 29.</image:title>
      <image:caption>Stanley Gibbons will hold its inaugural philatelic live auction, The Orchard Road Collection of Malaya Revenues, on Oct 29.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/deepseek-raises-us15-billion-challenge-leading-us-labs</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T11:34:42+08:00</news:publication_date>
      <news:title>DeepSeek raises US$15 billion in challenge to leading US labs</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/55ff087199e6f988ad8332eae43b6230fed1f4f555ff0d493f275c9449f9d077</image:loc>
      <image:title>WeChat-operator Tencent and Battery pioneer CATL are among the biggest investors in the round, say sources.</image:title>
      <image:caption>WeChat-operator Tencent and Battery pioneer CATL are among the biggest investors in the round, say sources.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-eases-investors-await-fed-signals-rate-path</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T11:11:03+08:00</news:publication_date>
      <news:title>Gold eases as investors await Fed signals on rate path</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ab68fa0b15a0d6d032c88c368f59719018adb5c133aba349febf1e66b1d78f23</image:loc>
      <image:title>US gold futures for December delivery dropped 0.4%to US$4,132.30. </image:title>
      <image:caption>US gold futures for December delivery dropped 0.4%to US$4,132.30. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/carro-establishes-s450-million-financing-facility-backed-car-loans?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T11:00:00+08:00</news:publication_date>
      <news:title>Carro establishes S$450 million financing facility backed by car loans</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/05ff01433253b9266bd650ed6d71c23d6623031354a1b139ae99bb77aad4366d</image:loc>
      <image:title>Carro’s co-founder and CEO Aaron Tan says: “We are setting a new standard for automotive financing in South-east Asia.”</image:title>
      <image:caption>Carro’s co-founder and CEO Aaron Tan says: “We are setting a new standard for automotive financing in South-east Asia.”</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/euro-nears-3-month-low-against-singdollar-amid-political-unrest-europe-may-weaken-further?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T10:49:57+08:00</news:publication_date>
      <news:title>Euro nears 3-month low against Singdollar amid political unrest in Europe, may weaken further</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1974bb73918335cd44dc917f716e7d97d589b16c6a4ac13630851ef9a15346ec</image:loc>
      <image:title>Analysts said continued political uncertainty could put further pressure on the euro against the Singdollar.</image:title>
      <image:caption>Analysts said continued political uncertainty could put further pressure on the euro against the Singdollar.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/over-3000-taxpayers-made-false-claims-employment-expenses-iras-warns-misleading-tax-advice?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T10:30:09+08:00</news:publication_date>
      <news:title>Over 3,000 taxpayers made false claims for employment expenses; Iras warns of misleading tax advice</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/718e866301647f8f8580863ba1910d4131ff6d3ed67d9aca0b35f5714a80c55e</image:loc>
      <image:title>In a statement on Oct 21, Iras said it had identified the taxpayers who made false claims through ongoing compliance reviews.</image:title>
      <image:caption>In a statement on Oct 21, Iras said it had identified the taxpayers who made false claims through ongoing compliance reviews.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/iran-tells-us-prove-it-wants-peace-lifting-blockade</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T10:08:14+08:00</news:publication_date>
      <news:title>Iran tells US to prove it wants peace by lifting blockade</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/eafe49147a977efc38b31945bd8c3ad8ea692556d51bf360d6306ae25f0ab3eb</image:loc>
      <image:title>Iran’s Foreign Minister Abbas Araghchi has urged the US to return to the memorandum of understanding signed in June that has collapsed. </image:title>
      <image:caption>Iran’s Foreign Minister Abbas Araghchi has urged the US to return to the memorandum of understanding signed in June that has collapsed. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/us-israel-plan-renewed-iran-strikes-after-midterm-elections-step-military-exercises-sources</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T09:35:07+08:00</news:publication_date>
      <news:title>US, Israel plan renewed Iran strikes after midterm elections, step up military exercises: sources</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/129ba4226c785360ac10867d68cf6fc1d4a8d39c71ebd818544f5b4b4e802632</image:loc>
      <image:title>The site of a strike in Teheran. A White House official said on Oct 21 that the Trump administration does not comment on military plans “that may or may not exist”.</image:title>
      <image:caption>The site of a strike in Teheran. A White House official said on Oct 21 that the Trump administration does not comment on military plans “that may or may not exist”.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/no-direct-exposure-indonesia-fires-olam?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T09:32:00+08:00</news:publication_date>
      <news:title>No direct exposure to Indonesia fires: Olam</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b1492665d273ca2c71e8f4d1923b7ba0d76156869b1a6753af86fc704d5c8bef</image:loc>
      <image:title>Olam Group’s office at Marina One East Tower in Singapore.</image:title>
      <image:caption>As part of its monitoring process, Olam Group has reviewed recent fire alerts and stakeholder reports, it notes.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/tesla-cuts-spending-potential-spacex-deal-even-musk-bets-future-ai-robots</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T09:01:22+08:00</news:publication_date>
      <news:title>Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d23a5254ea269ed4a137687197365ece14d3ef8ce169e1aee136569c9b7ebff7</image:loc>
      <image:title>Tesla’s downward revision of its 2026 capex expectations to roughly US$20 billion, from over US$25 billion, may undermine its growth story.</image:title>
      <image:caption>Tesla’s downward revision of its 2026 capex expectations to roughly US$20 billion, from over US$25 billion, may undermine its growth story.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/stocks-watch-fct-olam-oue-reit?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T08:42:34+08:00</news:publication_date>
      <news:title>Stocks to watch: FCT, Olam, OUE Reit</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c981addde2436a6e4eea1e2a79e666b083ccf0073dda14081b69681be4a6bb75</image:loc>
      <image:title>Frasers Centrepoint Trust’s FY2026 DPU hit a record S$0.1235.</image:title>
      <image:caption>Frasers Centrepoint Trust’s FY2026 DPU hit a record S$0.1235.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/fct-posts-2-6-higher-h2-dpu-hit-new-full-year-record-payout?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T08:17:33+08:00</news:publication_date>
      <news:title>FCT posts 2.6% higher H2 DPU to hit new full-year record payout</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/883bcb975991729bf5ecf473134533ae01aa45797802b3f595792f079c54d659</image:loc>
      <image:title>White Sands mall in Pasir Ris, Singapore.</image:title>
      <image:caption>The divestment of White Sands for S$467 million has created debt headroom for FCT to recycle proceeds.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/reits-property/capitaland-malaysia-trusts-q3-dpu-21-6-rm0-0135-industrial-logistics?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T08:00:37+08:00</news:publication_date>
      <news:title>CapitaLand Malaysia Trust’s Q3 DPU up 21.6% at RM0.0135 on industrial, logistics</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/99272e7d8ef18e154c0b6be1705ceb9b47a421d95725542a95466bdcb19dec4d</image:loc>
      <image:title>Logo of CapitaLand seen on the facade of a building.</image:title>
      <image:caption>Distributable income for the quarter increases 32.2% to RM46.3 million (US$11.3 million).</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/health-wellness/investing-health-small-habits-lifetime-returns?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T07:00:00+08:00</news:publication_date>
      <news:title>Investing in health: Small habits for a lifetime of returns</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d57903c057112f8e30bf76bce1324ca7eebc0bc82d7a256ce686ec9b72227a71</image:loc>
      <image:title>At Healthspan: The Longevity Challenge were (from left): BT editorial projects editor Dylan Tan; Novi Health CEO and co-founder Dr Sue-Anne Toh; NUS Yong Loo Lin School of Medicine vice-dean (research) and NUHS group director (research), Professor Roger Foo; and Temasek International chief operating officer Yeoh Keat Chuan.</image:title>
      <image:caption>From left: BT’s Dylan Tan; Dr Sue-Anne Toh of Novi Health; Prof Roger Foo from Yong Loo Lin School of Medicine; and Yeoh Keat Chuan of Temasek International.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/smes/financing-growth-how-smes-can-tap-digital-banks-working-capital?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T07:00:00+08:00</news:publication_date>
      <news:title>Financing growth: How SMEs can tap digital banks for working capital</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d4f2ad0c504a4e0dc5030363c624ec774adbbc688a1a2cb308ffb94e440a3f67</image:loc>
      <image:title>From left: Claressa Monteiro, BT audio head; Tan Yee Hern, Capstone Aluminium assistant managing director; Sharon Teo, Inspire-Tech CEO; and Tiger Wang, MariBank Singapore consulting director for SME business solutions.</image:title>
      <image:caption>From left: Claressa Monteiro, BT audio head; Tan Yee Hern, Capstone Aluminium assistant managing director; Sharon Teo, Inspire-Tech CEO; and Tiger Wang, MariBank Singapore consulting director for SME business solutions.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/teslas-flying-roadster-cold-rockets-mostly-hot-air?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T07:00:00+08:00</news:publication_date>
      <news:title>Tesla’s flying Roadster with cold rockets is mostly hot air</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b463c6b4aff287598796f7e6c7a6fbb090ff0be35d451ba98026486dd3370077</image:loc>
      <image:title>image of Tesla’s Roadster</image:title>
      <image:caption>Tesla unveils its long-delayed Roadster nearly a decade after revealing a next-generation version of its original electric sports ​car.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/donald-trump-human-wrecking-ball</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T07:00:00+08:00</news:publication_date>
      <news:title>Donald Trump, human wrecking ball</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5ff0b708f1897fa768c621858e12c3cb46c64b9170c7367b50501fdf3a9db15d</image:loc>
      <image:title>It is clear that traditional foreign-policy theories are a poor guide to US President Donald Trump.</image:title>
      <image:caption>It is clear that traditional foreign-policy theories are a poor guide to US President Donald Trump.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/dbs-favours-chinese-banks-flags-hsbc-long-term-buy?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T07:00:00+08:00</news:publication_date>
      <news:title>DBS favours Chinese banks; flags HSBC as long-term buy</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1c71ebd771bfd468078fc3225374ed485a3a4ed5f5145a084f3a72584b81e2f0</image:loc>
      <image:title>HSBC fell about 15% from its August peak to a trough in mid-October, amid surging global bond yields and potential increases in UK banking taxes.</image:title>
      <image:caption>HSBC fell about 15% from its August peak to a trough in mid-October, amid surging global bond yields and potential increases in UK banking taxes.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/two-killed-attack-aramco-oil-field-saudi-eastern-region</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T06:58:04+08:00</news:publication_date>
      <news:title>Two killed in attack on Aramco oil field in Saudi eastern region</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/432e24fec699cbfe2d751ed80033fac72c8a9d2e4e3e796693e40a2ea75e5529</image:loc>
      <image:title>Attacks on Saudi Aramco’s oil field in Shaybah follow repeated Houthi strikes on Saudi airports and facilities.</image:title>
      <image:caption>Attacks on Saudi Aramco’s oil field in Shaybah follow repeated Houthi strikes on Saudi airports and facilities.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/ibm-posts-5-sales-growth-tops-estimates-says-infrastructure-deals-came-back</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T06:45:17+08:00</news:publication_date>
      <news:title>IBM posts 5% sales growth that tops estimates, says infrastructure deals came back</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/df3564adf360c967632dce07656a9c946311123b9426f3abcd996191aff223e8</image:loc>
      <image:title>Some two-thirds of IBM’s mainframe and associated software deals that slipped earlier in 2026 have since been inked, CFO Jim Kavanaugh said.</image:title>
      <image:caption>Some two-thirds of IBM’s mainframe and associated software deals that slipped earlier in 2026 have since been inked, CFO Jim Kavanaugh said.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/meta-boosts-bet-ai-spending-outlook-new-stock-class-q3-results-beat-estimates</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T06:28:43+08:00</news:publication_date>
      <news:title>Meta boosts bet on AI with spending outlook, new stock class; Q3 results beat estimates</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c2daf60b876398b023c6024887f819be7e7ad998025d113c11073790a4baa7a6</image:loc>
      <image:title>Capital expenditures will be US$135 billion to US$145 billion in 2026, Meta said on Oct 21, raising the bottom end of the range from US$130 billion.</image:title>
      <image:caption>Capital expenditures will be US$135 billion to US$145 billion in 2026, Meta said on Oct 21, raising the bottom end of the range from US$130 billion.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-rises-us-orders-diplomats-leave-saudi-arabia-amid-escalating-tensions</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T06:08:27+08:00</news:publication_date>
      <news:title>Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5bb138fdf0f6ae034eaa3fb69112e5e9a8112a722a66daaed06d5cab385be290</image:loc>
      <image:title>US West Texas Intermediate crude gained 1% to US$98.12. </image:title>
      <image:caption>US West Texas Intermediate crude gained 1% to US$98.12. </image:caption>
    </image:image>
  </url>
</urlset>