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  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/chinas-rare-earths-curbs-extend-pressure-supply-japan</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T15:06:39+08:00</news:publication_date>
      <news:title>China’s rare earths curbs extend pressure on supply to Japan</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1fe80a22335093c598733a02f6cfc3dec693e03e546658c51d3d1a241d642556</image:loc>
      <image:title>Japan is also the world’s largest consumer of chip metal gallium outside of China. </image:title>
      <image:caption>Japan is also the world’s largest consumer of chip metal gallium outside of China. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/bolivias-president-declares-state-emergency-over-blockade-crisis-paving-way-deploy-military</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T14:33:45+08:00</news:publication_date>
      <news:title>Bolivia’s president declares state of emergency over blockade crisis, paving way to deploy military</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/badb901b5e9316ff6427c8253e0bbdf7c6188948ce5cb5cf1039f93a7262b542</image:loc>
      <image:title>The emergency declaration gives  President Rodrigo Pa broader constitutional tools to restore order, such as sending armed forces to clear blockades.</image:title>
      <image:caption>The emergency declaration gives President Rodrigo Paz broader constitutional tools to restore order, such as sending armed forces to clear blockades.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/japan-target-us2-3-trillion-public-private-investment-2040-nikkei</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T14:12:29+08:00</news:publication_date>
      <news:title>Japan to target US$2.3 trillion public-private investment by 2040: Nikkei</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/79e70c27fe377933af85d26a2f65d51fa81d56dd0384c69f067b7355397ceb48</image:loc>
      <image:title>The government is considering creating a multi-year budget framework to ensure stable funding for investments deemed critical to economic security.</image:title>
      <image:caption>The government is considering creating a multi-year budget framework to ensure stable funding for investments deemed critical to economic security.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/iranian-guards-business-empire-win-big-if-us-sanctions-lifted</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T12:51:35+08:00</news:publication_date>
      <news:title>Iranian Guards’ business empire to win big if US sanctions lifted</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8c6a850381528d76c3e1f70f14318329bb3ced10d827250745597f0334f488f0</image:loc>
      <image:title>As Teheran and Washington prepare for talks on a deal to end the war, the elite force is poised to be one of the biggest beneficiaries.</image:title>
      <image:caption>Since the war began on Feb 28 with strikes that killed Khamenei, the Guards have only expanded their power internally, helping to install his son as the new supreme leader.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/china-tightens-indium-export-checks-ai-demand-increases</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T12:04:29+08:00</news:publication_date>
      <news:title>China tightens indium export checks as AI demand increases</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/20349385eec417e208d92b9779a0a9067501371d067c25ba07a7b6450150c4d7</image:loc>
      <image:title>China produces nearly 70% of the world’s indium, a byproduct of zinc refining mostly used in displays and solder but also the raw material for making indium phosphide.</image:title>
      <image:caption>China produces nearly 70% of the world’s indium, a byproduct of zinc refining mostly used in displays and solder but also the raw material for making indium phosphide.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/abu-dhabis-mgx-weighs-multi-billion-deal-singapore-based-data-centre-operator-dayone-sources</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T10:45:08+08:00</news:publication_date>
      <news:title>Abu Dhabi’s MGX weighs multi-billion deal for Singapore-based data centre operator DayOne: sources</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/242d85ade5408bc902ca56949d7a8b0e79005db99533cb25faa8c7f946dbfa1f</image:loc>
      <image:title>DayOne, which is affiliated with China’s GDS Holdings, operates and develops data centres across South-east Asia as well as in Hong Kong, Japan and Finland.</image:title>
      <image:caption>DayOne, which is affiliated with China’s GDS Holdings, operates and develops data centres across South-east Asia as well as in Hong Kong, Japan and Finland.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/starbucks-cuts-london-hong-kong-office-jobs-restructuring-effort</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T09:13:15+08:00</news:publication_date>
      <news:title>Starbucks cuts London, Hong Kong office jobs in restructuring effort</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/60a73dfb06096d3a9803f9b0c08b91cdd63969c1c0782e62cd27c655beff5c90</image:loc>
      <image:title>Starbucks has been restructuring its corporate teams to cut costs and eliminate what it says are duplicative layers of management and jobs focused on coordinating work.</image:title>
      <image:caption>Starbucks has been restructuring its corporate teams to cut costs and eliminate what it says are duplicative layers of management and jobs focused on coordinating work.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/tech-in-asia/asias-ai-hardware-bet-has-financing-problem</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T08:21:27+08:00</news:publication_date>
      <news:title>Asia’s AI hardware bet has a financing problem</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e9ee0c3a535bd60e7bc91f9dc37ddd46443a197fcb427fcbbb4128f5d5232fbd</image:loc>
      <image:title>As chips become the dominant cost in AI infrastructure, a new financing market has emerged around the hardware itself – one with its own lenders, risks, and rules.</image:title>
      <image:caption>As chips become the dominant cost in AI infrastructure, a new financing market has emerged around the hardware itself – one with its own lenders, risks, and rules.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-tick-lower-mining-losses-weigh</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T07:41:33+08:00</news:publication_date>
      <news:title>European stocks tick lower as mining losses weigh</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/763bf6f6dc5657ad79ec0ddd2e0dc3d6be3c2464bc63ab08cd4303e13a706ed7</image:loc>
      <image:title>The pan-European Stoxx 600 index closed 0.2% lower, still managing to eke out a 0.4% weekly gain after hitting record highs earlier in the week.</image:title>
      <image:caption>The pan-European Stoxx 600 index closed 0.2% lower, still managing to eke out a 0.4% weekly gain after hitting record highs earlier in the week.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/company-supposed-be-going-concern-so-family</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T07:00:00+08:00</news:publication_date>
      <news:title>A company is supposed to be a ‘going concern’. So is the family</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0c715c2fae494674a3b0e161a0fa6b29b1848e5b673cd07824a5eba2a7aebbe8</image:loc>
      <image:title>Sometimes, the responsible choice is to prepare one&apos;s business so that its clients, staff and family can continue trusting and thriving under the next steward.</image:title>
      <image:caption>Sometimes, the responsible choice is to prepare one&apos;s business so that its clients, staff and family can continue trusting and thriving under the next steward.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/ai-has-granted-america-vast-new-power</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T07:00:00+08:00</news:publication_date>
      <news:title>AI has granted America vast new power</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1cf0442abf16c2f244e7f6dc8a06f9c6ba7abb23ed26b1b7568ac446a5848c92</image:loc>
      <image:title>Even as the world plans for an unreliable US in everything from defence to trade, it now has to cope with a new way of being captive to the world’s biggest economy: artificial intelligence.</image:title>
      <image:caption>Even as the world plans for an unreliable US in everything from defence to trade, it now has to cope with a new way of being captive to the world’s biggest economy.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/oil-shipments-rise-hormuz-although-questions-grow-over-irans-transit-terms</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T23:24:01+08:00</news:publication_date>
      <news:title>Oil shipments rise in Hormuz although questions grow over Iran’s transit terms</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b20ea97364f10df52b2250eb8cceec38a6a1453794309fb5f8f78caf8ad07eb3</image:loc>
      <image:title>Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 18, 2026. </image:title>
      <image:caption>Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 18, 2026. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/brent-falls-israel-hizbollah-agree-ceasefire</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T22:17:38+08:00</news:publication_date>
      <news:title>Brent falls as Israel, Hizbollah agree to ceasefire</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/9c1ddcb3b948c8ff3838523c5ac3649d4c2b146218cf562c9c6550d2158629e3</image:loc>
      <image:title>Brent crude futures were down 85 cents, or 1.1 per cent, at US$79 a barrel by 1303 GMT on Friday.</image:title>
      <image:caption>Brent crude futures were down 85 cents, or 1.1 per cent, at US$79 a barrel by 1303 GMT on Friday.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/ambanis-jio-platforms-files-long-awaited-india-ipo</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T21:05:20+08:00</news:publication_date>
      <news:title>Ambani’s Jio Platforms files for long-awaited India IPO</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/efbd539396bbc8a4c5797e8f48ea524abd0362c43bf9bfa2198a9af1e3e52e4e</image:loc>
      <image:title>Jio’s market debut would mark Reliance’s first public listing of a major business unit since Reliance Petroleum debuted in 2006. </image:title>
      <image:caption>Jio’s market debut would mark Reliance’s first public listing of a major business unit since Reliance Petroleum debuted in 2006. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/crude-oil-caught-cautious-enthusiasm-over-us-iran-peace-deal-analysts-dont-expect-further-price</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T20:54:02+08:00</news:publication_date>
      <news:title>Crude oil ‘caught up in cautious enthusiasm’ over US-Iran peace deal, but analysts don’t expect further price easing soon</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/57e2a017d51c22853b38ef48e2f746dfc5f24d9dce1fbd2f68e5e99eb46cd90f</image:loc>
      <image:title>Emily Ashford head of energy research at Standard Chartered says a price floor around US$10 per barrel above pre-conflict estimates “seems reasonable”.</image:title>
      <image:caption>Analysts expect oil to hover at around US$80 a barrel by the year-end.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/transport-logistics/bmw-preparing-talks-employee-representatives-after-slashing-profit-outlook</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T20:27:22+08:00</news:publication_date>
      <news:title>BMW preparing talks with employee representatives after slashing profit outlook</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/68510bbe689f5cdbc54bcd0e66cd7587cb57a36d713991cd49f20200fa93241d</image:loc>
      <image:title>Earlier this week, BMW issued a profit warning, blaming it on prolonged weakness in the Chinese car market, the world’s biggest, and cost pressures resulting from the Middle East conflict.</image:title>
      <image:caption>Earlier this week, BMW issued a profit warning, blaming it on prolonged weakness in the Chinese car market, the world’s biggest, and cost pressures resulting from the Middle East conflict.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/us-and-iran-delay-nuclear-talks-lebanon-clashes-worsen</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T20:20:20+08:00</news:publication_date>
      <news:title>US and Iran delay nuclear talks as Lebanon clashes worsen</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e15c00bbe55155659095862c5d99432256cd74d19ef09d6258f4375bccd685f5</image:loc>
      <image:title>The postponement of talks represents a blow to US President Donald Trump, who signed a memorandum of understanding on Wednesday.</image:title>
      <image:caption>The postponement of talks represents a blow to US President Donald Trump, who signed a memorandum of understanding on Wednesday.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/indias-long-delayed-nse-ipo-sets-us2-6-billion-windfall-top-investors</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T19:28:08+08:00</news:publication_date>
      <news:title>India’s long-delayed NSE IPO sets up US$2.6 billion windfall for top investors</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1e997ffea092e28a2ecdfd032920d5d65dcc691f39dd0d229adb0419da99af36</image:loc>
      <image:title>NSE is likely to begin IPO roadshows over the next two months, sources say.</image:title>
      <image:caption>NSE is likely to begin IPO roadshows over the next two months, sources say.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/iran-says-it-will-waive-fees-hormuz-during-60-day-negotiation-period</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T19:26:08+08:00</news:publication_date>
      <news:title>Iran says it will waive fees for Hormuz during 60-day negotiation period</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f29c3fc20cd9c87a888c72a75cadbbcf0de31c6836c721269a000e4d06fa111e</image:loc>
      <image:title>Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 18, 2026. </image:title>
      <image:caption>Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 18, 2026. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/newsletters/esg-insights/issue-199-s-e-asias-exposed-energy-mix-cse-globals-boardroom-drama</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T19:00:00+08:00</news:publication_date>
      <news:title>Issue 199: S-E Asia’s exposed energy mix; CSE Global’s boardroom drama</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/46deffa2f95e8ec083921a38de9cdfac6a275d17c708dd1fb1bb227d85e1569a</image:loc>
      <image:title>Coal has been one of the fastest growing fuels for South-east Asia’s rising energy needs over the past decade.</image:title>
      <image:caption>Coal has been one of the fastest growing fuels for South-east Asia’s rising energy needs over the past decade.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/singapores-competition-watchdog-unveils-new-measures-speed-investigation-resolution</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T18:46:42+08:00</news:publication_date>
      <news:title>Singapore’s competition watchdog unveils new measures to speed up investigation resolution</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ce1f7eb7377c9d9d1c9900a012a8cc388ef6e4af627a69debcb295557dc16ce2</image:loc>
      <image:title>Businesses looking to make more extensive submissions have the option of reverting to the Competition and Consumer Commission of Singapore’s non-Fast Track investigatory procedure.</image:title>
      <image:caption>Businesses looking to make more extensive submissions have the option of reverting to CCS’ non-Fast Track investigatory procedure.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/singapore-shares-end-lower-sti-down-0-4</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T18:41:12+08:00</news:publication_date>
      <news:title>Singapore shares end lower; STI down 0.4%</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e9dafdc36db5c9fcc356d2b42d1e0e2e13c61dfe0edfc4c0deaadf65260855d3</image:loc>
      <image:title>Across the broader market, losers outnumber gainers 241 to 173, after 1.4 billion securities worth S$2.9 billion change hands.</image:title>
      <image:caption>Across the broader market, losers outnumber gainers 241 to 173, after 1.4 billion securities worth S$2.9 billion change hands.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-jun-192</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T18:30:00+08:00</news:publication_date>
      <news:title>Daily Debrief: What Happened Today (Jun 19)</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d31b47b0b6a752766d12185fbb41a53085f63345add57bb09c630064d3e5b081</image:loc>
      <image:title>ST20250828_202544600938 Kua Chee Siong/ satemasek28/
Generic pix of the Temasek logo at the Temasek Holdings office, in Atrium@Orchard, on Aug 28, 2025.</image:title>
      <image:caption>Wendy Koh&apos;s appointment comes amid continuing market buzz about an impending merger between Mapletree Investments and CapitaLand Investments, another Temasek portfolio company.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/uk-runs-much-bigger-expected-budget-deficit-may</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T18:12:25+08:00</news:publication_date>
      <news:title>UK runs much bigger than expected budget deficit in May</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7678f841ec03ccc79b7e22031d286784925afc72afc00f4e3401fc02f5cc17c5</image:loc>
      <image:title>Last week, Britain offered investors the highest yield since at least 1998 when it sold £9 billion of 15-year debt</image:title>
      <image:caption>Last week, Britain offered investors the highest yield since at least 1998 when it sold £9 billion of 15-year debt</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/europe-cannot-afford-another-lost-year</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T18:00:00+08:00</news:publication_date>
      <news:title>Europe cannot afford another lost year</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e30f894d0cf5e16525888f9cf3f5b1e6470942b362c0f7629cc252f37ce92b94</image:loc>
      <image:title>French President Emmanuel Macron says that Europe knows what it has to do to remain competitive in an increasingly cut-throat global economy.</image:title>
      <image:caption>French President Emmanuel Macron says that Europe knows what it has to do to remain competitive in an increasingly cut-throat global economy.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/2026-xpeng-x9-pro-review-after-four-days-range-was-surprise</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T18:00:00+08:00</news:publication_date>
      <news:title>2026 XPeng X9 Pro review: After four days, the range was a surprise</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/30ba2fd476c4f734083f0c06065af55a6bc842e7e3f9f1b6a7d03477be9254e2</image:loc>
      <image:title>The XPeng X9 Pro has just had a facelift, gaining a noticeably smoother but more generic face. </image:title>
      <image:caption>The XPeng X9 Pro has just had a facelift, gaining a noticeably smoother but more generic face. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/online-brokerage-longbridge-opens-singapore-office-asia-square-tower-2</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T17:48:38+08:00</news:publication_date>
      <news:title>Online brokerage Longbridge opens Singapore office at Asia Square Tower 2</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b76e99fb8be425f4de0ba72d6a17172b85663a2f0abf12d9191430b46a51bf48</image:loc>
      <image:title>Longbridge Group notes that Singapore provides the ideal platform from which it can deliver its services to investors across Asia and beyond.</image:title>
      <image:caption>Longbridge Group notes that Singapore provides the ideal platform from which it can deliver its services to investors across Asia and beyond.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/podcasts/fully-live-fed-historic-boj-hike-and-singapores-stagflation-problem</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T17:46:00+08:00</news:publication_date>
      <news:title>A fully live Fed, historic BOJ hike and Singapore’s stagflation problem</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0ecc52f26a21f6478889628b3ee0dc599ead0639630ce2d13e7d8d89c6216f13</image:loc>
      <image:title>How will BOJ’s historic rate hike affect markets?</image:title>
      <image:caption>How will BOJ’s historic rate hike affect markets?</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/boj-may-raise-interest-rates-twice-march-2027-says-former-policymaker</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T17:30:07+08:00</news:publication_date>
      <news:title>BOJ may raise interest rates twice by March 2027, says former policymaker</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/46debe5e1524c3bb7352d102c467b6b33b32348c9a7faf5b41c7855dc859af26</image:loc>
      <image:title>Former Bank of Japan policymaker Makoto Sakurai says if inflation accelerates at an alarming pace, the bank can hike in October and again by the end of the current fiscal year ended March.</image:title>
      <image:caption>Former Bank of Japan policymaker Makoto Sakurai says if inflation accelerates at an alarming pace, the bank can hike in October and again by the end of the current fiscal year ended March.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/vance-leaves-shippers-dark-potential-iran-hormuz-toll</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T17:22:26+08:00</news:publication_date>
      <news:title>Vance leaves shippers in the dark on potential Iran Hormuz toll</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0ce9d39bde70156971918eea4b62bd518c38d5e140c1f165ba47832b760599b1</image:loc>
      <image:title>US Vice-President JD Vance emphasised the US believes “international waterways should be free of tolls”. </image:title>
      <image:caption>US Vice-President JD Vance emphasised the US believes “international waterways should be free of tolls”. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/mapletree-cfo-wendy-koh-appointed-temaseks-new-cfo</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T17:13:37+08:00</news:publication_date>
      <news:title>Mapletree CFO Wendy Koh appointed as Temasek’s new CFO</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3e18417dbedd5c37beb2f11fd640f673abd065d137c655f38af0e70164fca572</image:loc>
      <image:title>Koh is also a non-executive director at the managers of Mapletree’s three Singapore-listed real estate investment trusts – Mapletree Logistics Trust, Mapletree Industrial Trust and Mapletree Pan Asia Commercial Trust (MPACT).</image:title>
      <image:caption>Wendy Koh is also a non-executive director at the managers of Mapletree’s three Singapore-listed real estate investment trusts: Mapletree Logistics Trust, Mapletree Industrial Trust and MPACT.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/malaysia-tightens-civil-servant-asset-rules-amid-controversy-over-former-anti-graft-chiefs-holdings</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T17:06:09+08:00</news:publication_date>
      <news:title>Malaysia tightens civil servant asset rules amid controversy over former anti-graft chief’s holdings</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1edd45edb851671aeb9d63f310ecb8e691542d03c2ee248601aa9bc8766e0e32</image:loc>
      <image:title>Malaysia’s Cabinet ordered an investigation into then-anti-graft chief Azam Baki&apos;s shareholdings in February.</image:title>
      <image:caption>Malaysia’s Cabinet ordered an investigation into then-anti-graft chief Azam Baki&apos;s shareholdings in February.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/boe-unveils-doomsday-scenario-private-markets-stress-test</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T17:05:28+08:00</news:publication_date>
      <news:title>BOE unveils doomsday scenario for private markets stress test</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/50d226cc36cdfa043a2af987ee92c3bd45803d1a4387b4c99cab807806289ca7</image:loc>
      <image:title>The BOE said it would publish initial information from the exercise in July, followed by further reports later in the year and a final report in 2027.</image:title>
      <image:caption>The BOE said it would publish initial information from the exercise in July, followed by further reports later in the year and a final report in 2027.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nikkei-posts-sharpest-weekly-gain-nearly-two-years-ai-shares-rally</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T16:36:13+08:00</news:publication_date>
      <news:title>Nikkei posts sharpest weekly gain in nearly two years on AI shares rally</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/03301b6f1e1ae87859ba71229638f9462818708bc2a7e17eb45a22242b831d87</image:loc>
      <image:title>The Nikkei closed 0.28 per cent higher at 71,250.06 on Friday.</image:title>
      <image:caption>The Nikkei closed 0.28 per cent higher at 71,250.06 on Friday.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/germanys-growth-increasingly-hit-demographic-change-its-central-bank-says</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T16:19:15+08:00</news:publication_date>
      <news:title>Germany’s growth increasingly hit by demographic change, its central bank says</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/18be79021f94a11a7fcf6789d4d6c308459d694d7ac75cbd86b1a6f24a7e0917</image:loc>
      <image:title>In Germany, technological changes are impacting hiring in several sectors, the Bundesbank&apos;s analysis shows.</image:title>
      <image:caption>In Germany, technological changes are impacting hiring in several sectors, the Bundesbank&apos;s analysis shows.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-governor-resume-work-next-week-after-early-discharge</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T16:13:45+08:00</news:publication_date>
      <news:title>Bank of Japan governor to resume work next week after early discharge</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6fb7e74f0975b84fe36f59a2570c0e8dbed1e111a93763982ac91661d239e7fc</image:loc>
      <image:title>Bank of Japan Governor Kazuo Ueda was in hospital getting treatment for an infected liver cyst. </image:title>
      <image:caption>Kazuo Ueda is expected to attend the next policy meeting at the end of July, according to the central bank.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/us-mortgage-rates-fall-lowest-month-middle-east-tensions-ease</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T16:11:37+08:00</news:publication_date>
      <news:title>US mortgage rates fall to lowest in month as Middle East tensions ease</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7d2b19586fdb76c0cc6c2629a9c6aa0f3b5b9f7aaad9fb72df981ff203a7cbaa</image:loc>
      <image:title>Homes in Hercules, California, US, on Wednesday, June 17, 2026. The Federal Housing Finance Association (FHFA) is scheduled to release house price index figures on June 30. Photographer: David Paul Morris/Bloomberg</image:title>
      <image:caption>The spring home-selling season is drawing to a close after a turbulent period for borrowing costs, which shot up following the outbreak of Iran war.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/spain-lacks-750000-homes-hot-spots-madrid-mediterranean-coast</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T16:01:51+08:00</news:publication_date>
      <news:title>Spain lacks 750,000 homes, with hot spots from Madrid to the Mediterranean coast</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/52b952260fc297eb799e9e1b7b2b6d59885bf350e52be16229fc4e67c9bc8e20</image:loc>
      <image:title>“Housing-access problems are progressively reducing the homeownership rate and contributing to lower rates of residential independence among young people,” according to a Bank of Spain report.</image:title>
      <image:caption>“Housing-access problems are progressively reducing the homeownership rate and contributing to lower rates of residential independence among young people,” according to a Bank of Spain report.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/perhaps-fifa-was-right-about-world-cup-ticket-pricing-after-all</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T16:00:00+08:00</news:publication_date>
      <news:title>Perhaps Fifa was right about the World Cup ticket pricing after all</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c7d322c7f026ac886e4b62fe1d2dafa59a30673f76d2fe1e233f903df52dd4a6</image:loc>
      <image:title>If anybody still doubted that football is not a moral beacon but essentially a giant enterprise – the very business of passion – they need only to look at this expanded version of the World Cup.</image:title>
      <image:caption>If anybody still doubted that football is not a moral beacon but essentially a giant enterprise – the very business of passion – they need only to look at this expanded version of the World Cup.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-muted-us-iran-peace-talks-called</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T15:59:19+08:00</news:publication_date>
      <news:title>European stocks muted as US-Iran peace talks called off</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d82e0c3caf8baa2c817b9560d50165e38c160a12ed7118439558d7b3e89dc50d</image:loc>
      <image:title>The Stoxx 600 index dipped 0.1 per cent by 0711 GMT on Friday.</image:title>
      <image:caption>The Stoxx 600 index dipped 0.1 per cent by 0711 GMT on Friday.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/mayor-andy-burnhams-election-win-paves-way-bid-oust-uk-pm-starmer</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T15:49:11+08:00</news:publication_date>
      <news:title>Mayor Andy Burnham’s election win paves way for bid to oust UK PM Starmer</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3fb8886ead7939c391584df93345d48ced5652c49289c02f22530e9798549c38</image:loc>
      <image:title>Newly elected MP Andy Burnham celebrates his victory in the Makerfield by-election, Wigan, Britain, June 19, 2026.</image:title>
      <image:caption>Newly-elected MP Andy Burnham celebrates his victory in the Makerfield by-election, Wigan, Britain, June 19, 2026.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/cse-globals-board-clash-who-are-eugene-lai-and-tan-chian-khong</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T15:43:26+08:00</news:publication_date>
      <news:title>CSE Global’s board clash: Who are Eugene Lai and Tan Chian Khong?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/47ef7ccd4d6f6cd55286ddce2d1bd624ba7e28f40d0117f9fd6ae6fd48f6e3c5</image:loc>
      <image:title>A clash between CSE Global board chairman Eugene Lai (left) and Tan Chian Khong led to Tan’s resignation as the company&apos;s lead independent director. </image:title>
      <image:caption>A clash between CSE board chairman Eugene Lai (left) and Tan Chian Khong led to Tan’s resignation as the company&apos;s lead independent director. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/australian-shares-decline-nearly-1-bhp-warning-rate-fears-hit-miners-banks</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T15:31:03+08:00</news:publication_date>
      <news:title>Australian shares decline nearly 1% as BHP warning, rate fears hit miners, banks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a1e019ed421a82a5a8cb37642412f267daa10187ec89be7fca96a3f97d00e4db</image:loc>
      <image:title>The benchmark S&amp;P/ASX 200 index ended 0.9 per cent lower at 8,828.70 points, logging its worst day since June 4.</image:title>
      <image:caption>The benchmark S&amp;P/ASX 200 index ended 0.9 per cent lower at 8,828.70 points, logging its worst day since June 4.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/uk-retail-sales-rise-more-expected-1-2-may-official-data-shows</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T15:04:24+08:00</news:publication_date>
      <news:title>UK retail sales rise by more than expected 1.2% in May, official data shows</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/afaaae867a1dc4c950c94af43bb2b64608a62b370a7e6bf746e370d00a84395f</image:loc>
      <image:title>Tesco says a good spell of weather will give more of a boost to sales than England and Scotland performing well in the men’s football World Cup.</image:title>
      <image:caption>Tesco says a good spell of weather will give more of a boost to sales than England and Scotland performing well in the men’s football World Cup.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/vietnam-loosens-bank-safeguards-spur-growth-stoking-prudential-concerns</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T15:04:06+08:00</news:publication_date>
      <news:title>Vietnam loosens bank safeguards to spur growth, stoking prudential concerns</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/aa43a3d508d3c175dc8fe5afe05f187e255b32cc71eb50b50e25d97f97b67c5a</image:loc>
      <image:title>In recent months, the State Bank of Vietnam has moved on several fronts to ease funding constraints for lenders.</image:title>
      <image:caption>In recent months, the State Bank of Vietnam has moved on several fronts to ease funding constraints for lenders.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/wealth/wealth-investing/are-you-really-ready-retirement-three-questions-will-tell-you</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T15:00:00+08:00</news:publication_date>
      <news:title>Are you really ready for retirement? Three questions will tell you</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a0327cd02bb780a89c50809308139834a1fb3e7a1d4c81e86bcef57a4576d718</image:loc>
      <image:title>We treat retirement as a destination, but it is really the beginning of a completely different kind of life, one that will involve several distinct phases.</image:title>
      <image:caption>We treat retirement as a destination, but it is really the beginning of a different kind of life, one that will involve several distinct phases.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/msci-says-low-free-float-among-many-hurdles-vietnam-stocks</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T14:28:01+08:00</news:publication_date>
      <news:title>MSCI says low free-float among many hurdles for Vietnam stocks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c4e9c1db7742ddf4e4f975b6676c790efe2648591a80cbe0030a3046ea6a3f1f</image:loc>
      <image:title>The VN Index has outperformed most of its South-east Asian peers over the past year.</image:title>
      <image:caption>The VN Index has outperformed most of its South-east Asian peers over the past year.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/key-future-what-digital-asset-custody-and-how-does-it-work</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T14:00:00+08:00</news:publication_date>
      <news:title>Key to the future: What is digital asset custody, and how does it work?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/53e975a0fea12f9b0d2654cf166cbdf63b2060274e9544f62311ea5454c06a61</image:loc>
      <image:title>In digital custody, ownership and control is typically exercised through cryptographic private keys.</image:title>
      <image:caption>In digital custody, ownership and control is typically exercised through cryptographic private keys.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/investors-sgx-listed-companies-can-access-more-research-reports-after-expansion-coverage-scheme</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T14:00:00+08:00</news:publication_date>
      <news:title>Investors in SGX-listed companies can access more research reports after expansion of coverage scheme</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4a8b483f143c0637b312f8d315b3eae40f90efa7a0d7fba29c58b541fc5c5979</image:loc>
      <image:title>More than 100 initiation reports have been completed year-to-date under the GEMS scheme according to SGX, who administers it..</image:title>
      <image:caption>More than 100 initiation reports have been completed in the year to date under the Gems scheme.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/us-tells-asml-its-concerned-one-its-chipmaking-tools-may-be-china</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T13:40:38+08:00</news:publication_date>
      <news:title>US tells ASML it’s concerned one of its chipmaking tools may be in China</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b054ca87a61cc40f442167e3223aeb449f4c88b3813bce0721cfc987d89c95a1</image:loc>
      <image:title>ASML’s most advanced EUV systems are roughly the size of a school bus and weigh 180 tonnes.</image:title>
      <image:caption>ASML’s most advanced EUV systems are roughly the size of a school bus and weigh 180 tonnes.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/pimco-targets-out-date-assets-new-real-estate-strategy</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T13:16:14+08:00</news:publication_date>
      <news:title>Pimco targets out-of-date assets in new real estate strategy</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/71c7a5e3fbf2c24a0e3beef3debd2e7a718df25e88b05e15ebd9198efc327c18</image:loc>
      <image:title>Pimco&apos;s strategy coincides with a rise in regulations across major economies requiring landlords to limit the environmental footprint of their buildings.</image:title>
      <image:caption>Pimco&apos;s strategy coincides with a rise in regulations across major economies requiring landlords to limit the environmental footprint of their buildings.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/singapore-oil-refiner-aster-still-m-hunt-open-ipo-assets-mature</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T13:00:00+08:00</news:publication_date>
      <news:title>Singapore oil refiner Aster still on M&amp;A hunt, ‘open’ to IPO as assets mature</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5ad230c5eaff2ef37c1860e2e98cd49b5618f8b9423e4f92546b20338e2a46e5</image:loc>
      <image:title>Aster&apos;s deputy CEO Andrew Khor says the company plans to sell more bitumen from its Singapore facility to Indonesia.</image:title>
      <image:caption>Aster&apos;s deputy CEO Andre Khor says the company plans to sell more bitumen from its Singapore facility to Indonesia.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/beyond-beaches-or-bali-singapores-push-urban-wellness-tourism</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T13:00:00+08:00</news:publication_date>
      <news:title>Beyond beaches or Bali: Singapore’s push for urban wellness tourism</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/785019a6e020669a12febcff50c53b94efab7db67668438fc697c9bf2a6469b2</image:loc>
      <image:title>The S$1 billion wellness attraction in Marina South is slated to open in 2030.</image:title>
      <image:caption>The S$1 billion wellness attraction in Marina South is slated to open in 2030.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/asean-russia-reaffirm-commitment-deepening-cooperation-summit-kazan</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T12:41:50+08:00</news:publication_date>
      <news:title>Asean, Russia reaffirm commitment to deepening cooperation at summit in Kazan</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f15472535d1f95fc8a9c94830e48bf4871c12d112178a85918065c37718fea89</image:loc>
      <image:title>Asean leaders and Russian President Vladimir Putin at a summit that marked the 35th anniversary of relations between Asean and Russia. </image:title>
      <image:caption>Asean leaders and Russian President Vladimir Putin at a summit that marked the 35th anniversary of relations between Asean and Russia. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/malaysias-may-exports-surge-45-3-topping-forecasts-inflation-rises-2</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T12:14:15+08:00</news:publication_date>
      <news:title>Malaysia’s May exports surge 45.3%, topping forecasts as inflation rises 2%</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/cc03e2adba821a2e9e116b7009cdef07f59a55a519ca16e5792ac7a9204546db</image:loc>
      <image:title>Economists polled by Reuters had expected Malaysia to log a 30.5% rise in exports in May.</image:title>
      <image:caption>Economists polled by Reuters had expected Malaysia to log a 30.5% rise in exports in May.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/foreigners-bought-us103-billion-us-securities-april-treasury-holdings-rise</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T12:03:36+08:00</news:publication_date>
      <news:title>Foreigners bought US$103 billion of US securities in April, Treasury holdings rise</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/071d8df24656e3ba4d80e3a29a01d773d87baa6e2b3ad0cd5bea7ad9014c0025</image:loc>
      <image:title>The total in April of all net foreign acquisitions was a net TIC inflow of US$26.1 billion, Treasury said. </image:title>
      <image:caption>The total in April of all net foreign acquisitions was a net TIC inflow of US$26.1 billion, Treasury said. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/mah-bow-tan-led-therme-singapore-breaks-ground-wellness-facility-thermal-baths-spas</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T12:00:00+08:00</news:publication_date>
      <news:title>Mah Bow Tan-led Therme Singapore breaks ground on wellness facility with thermal baths, spas</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ca535555f8de3f6794bcaf4a13356ad4011fd00137376d830231099e04f96c82</image:loc>
      <image:title>At full capacity, the new wellness facility being developed by Therme Group in Singapore will be able to accommodate two million visitors annually, with half expected to be international visitors.</image:title>
      <image:caption>At full capacity, the new facility will be able to accommodate two million visitors annually, with half expected to be international visitors.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/therme-singapore-be-european-wellness-groups-gateway-asia</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T12:00:00+08:00</news:publication_date>
      <news:title>Therme Singapore to be European wellness group’s gateway to Asia</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0c9850981d674949c3f72086c4be7ed2171ef5dabea5ea37d41834989fa959a8</image:loc>
      <image:title>Therme Group founder and CEO Robert Hanea (left) and Therme Group Asia and Singapore chairman Mah Bow Tan speak with BT ahead of the ground-breaking ceremony.</image:title>
      <image:caption>Therme Group founder and CEO Robert Hanea (left) and Therme Group Asia and Singapore chairman Mah Bow Tan speak with BT ahead of the ground-breaking ceremony.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/aletas-fintech-solution-allows-local-and-regional-smes-issue-custom-visa-cards</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T11:00:00+08:00</news:publication_date>
      <news:title>Aleta’s fintech solution allows local and regional SMEs to issue custom Visa cards </news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1b8c4c723db0ac500c4c0b98c566c2ce06345c2fde8669cbde3fb29d053ecd1e</image:loc>
      <image:title>Ryan Gwee, Founder and Group Chairman of Aleta, holding the Aleta Sanrio characters Visa debit cards, with Adeline Kim, Visa, Group Country Manager, Regional Southeast Asia and SVP, Global Clients and Acquirers, Asia Pacific. </image:title>
      <image:caption>Ryan Gwee (left) of Aleta and Adeline Kim of Visa at the announcement of the companies&apos; partnership. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/kpmg-australia-spars-lawmakers-amid-probe-scandal</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T10:59:36+08:00</news:publication_date>
      <news:title>KPMG Australia spars with lawmakers amid probe into scandal</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/04359d9aa65ddadb3af518485fe557729662025bb89e4ebe64efd424322d8ae7</image:loc>
      <image:title>Former KPMG Australia Chief Executive Andrew Yates speaks during a Parliamentary Joint Committee on Corporations and Financial Services hearing at Australian Parliament House in Canberra, Australia, June 19, 2026. Lukas Coch/AAP/via REUTERS    ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. NO RESALES. NO ARCHIVE. AUSTRALIA OUT. NEW ZEALAND OUT. NO COMMERCIAL OR EDITORIAL SALES IN NEW ZEALAND. NO COMMERCIAL OR EDITORIAL SALES IN AUSTRALIA.</image:title>
      <image:caption>“I have taken accountability for the things that did not go right,” said Andrew Yates, KPMG Australia’s former CEO.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/manus-original-investors-plan-buy-back-ai-firm-meta-us2-billion-report</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T10:37:53+08:00</news:publication_date>
      <news:title>Manus original investors plan to buy back AI firm from Meta for US$2 billion: report</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8c714a5c3781707f5d5e9d8915e7ee43a54f9cc9c08f42752a8f03c4b2980bc5</image:loc>
      <image:title>Manus is considering overhauling its business structure to become a joint venture incorporated in China.</image:title>
      <image:caption>Manus is considering overhauling its business structure to become a joint venture incorporated in China.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/yen-brink-40-year-low-puts-markets-intervention-watch</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T10:06:39+08:00</news:publication_date>
      <news:title>Yen at brink of 40-year low puts markets on intervention watch</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6727d8c47ead9e509ffdfa20de6b759993211254b5b241faea3d7b07775655ab</image:loc>
      <image:title>The yen changed hands at 161.25 per US dollar in early trading in Tokyo after hitting 161.81 overnight, its weakest since July 2024.</image:title>
      <image:caption>The yen changed hands at 161.25 per US dollar in early trading in Tokyo after hitting 161.81 overnight, its weakest since July 2024.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/philippine-thai-earnings-among-south-east-asias-most-affected-iran-war-bloomberg-data</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T09:52:18+08:00</news:publication_date>
      <news:title>Philippine, Thai earnings among South-east Asia’s most affected by Iran war: Bloomberg data</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/53d40bcc0d41011fc8c7e83cfe801fb11ac2eb1e0a5354797348cfb481986f1f</image:loc>
      <image:title>Aviation is among the hardest hit as airspace closures and flight cancellations disrupted operations.</image:title>
      <image:caption>Aviation is among the hardest hit as airspace closures and flight cancellations disrupted operations.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/worst-foreign-policy-blunder-decades-us-republicans-blast-trumps-iran-agreement-details-emerge</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T09:43:48+08:00</news:publication_date>
      <news:title>‘Worst foreign policy blunder in decades’: US Republicans blast Trump’s Iran agreement as details emerge</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/20fb2220d01413a8d85e20c0c2d50041ddaabe28c9fc73848207ee3297523e57</image:loc>
      <image:title>Some of the sharpest criticism of the agreement has involved reports that the Trump administration has agreed to release frozen Iranian assets.</image:title>
      <image:caption>Some of the sharpest criticism of the agreement has involved reports that the Trump administration has agreed to release frozen Iranian assets.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/spacex-bankers-prepare-bond-sale-least-us20-billion</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T09:25:19+08:00</news:publication_date>
      <news:title>SpaceX bankers prepare for bond sale of at least US$20 billion</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b2f6ad608cf717782a70e65095e3a9586f4c9cd799473c7e240d3cee8b9ffd4e</image:loc>
      <image:title>SpaceX received ratings in the BBB tier from all three major bond graders.</image:title>
      <image:caption>SpaceX received ratings in the BBB tier from all three major bond graders.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/thrive/career-guide/business-behind-singapores-art-market-boom</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T09:17:59+08:00</news:publication_date>
      <news:title>The business behind Singapore’s art market boom</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/469f971fecaeddee06d51d69823c671462baba02b098c1dcf86b6e2b0b287975</image:loc>
      <image:title>BT</image:title>
      <image:caption>BT</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/claimants-drop-s731212-lawsuit-against-property-agency-era</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T08:50:50+08:00</news:publication_date>
      <news:title>Claimants drop S$731,212 lawsuit against property agency ERA</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d238b0f0d4b7fc7657158fae402ee794adb501fba23d265399d99bf3e066c3c3</image:loc>
      <image:title>Apac Realty stated that there is no material impact on the financial position and performance of the group for the financial year ending Dec 31, 2026, arising from the discontinuation.</image:title>
      <image:caption>Apac Realty, the parent company of ERA Realty, did not disclose the reason for the discontinuation.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/wealth/wealth-investing/nasdaq-listed-stonexs-bullion-arm-offer-gold-silver-vaulting-services-singapore-sources-say</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T08:39:46+08:00</news:publication_date>
      <news:title>Nasdaq-listed StoneX’s bullion arm to offer gold, silver vaulting services in Singapore, sources say</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a3e7ea46a72573faeee5b281080342e7ddab39a17fcb928bd5e65d50dff2d948</image:loc>
      <image:title>StoneX Bullion currently stores bullion and fulfils orders out of Frankfurt, while having another office in Dubai.</image:title>
      <image:caption>The firm currently stores bullion and fulfils orders out of Frankfurt, while having another office in Dubai.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/lum-chang-creations-raise-s26-6-million-proposed-share-placement</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T08:37:40+08:00</news:publication_date>
      <news:title>Lum Chang Creations to raise up to S$26.6 million via proposed share placement</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ada63150116b2d7d9c2c66b655dd327f47c422303edd74483735e2a2591ded6f</image:loc>
      <image:title>The move is aimed at increasing the firm’s public float as it prepares to transfer its listing from the Catalist board to the mainboard of the Singapore Exchange (SGX).</image:title>
      <image:caption>The company expects net proceeds from the new shares to amount to S$10.8 million.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/stocks-watch-apac-realty-lum-chang-creations</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T08:33:11+08:00</news:publication_date>
      <news:title>Stocks to watch: Apac Realty, Lum Chang Creations</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b8dcb1ec0b5484170c66f4b3027552500ca5d5cae824783f427fb7cf418158fd</image:loc>
      <image:title>Apac Realty announced on Friday that the lawsuit previously filed against its wholly-owned subsidiary, property agency ERA Realty Network, has been discontinued and withdrawn.</image:title>
      <image:caption>Apac Realty announced on Friday that the lawsuit previously filed against ERA Realty Network, has been discontinued and withdrawn.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/spacex-shares-end-first-week-trading-37-ipo-price</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T08:29:13+08:00</news:publication_date>
      <news:title>SpaceX shares end first week of trading up 37% from IPO price</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c07bed7bddf4d91c69dfd4f9fe5e8cb4a574063b8b4e26d2dd18cf2cf83bd77a</image:loc>
      <image:title>SpaceX&apos;s total market capitalisation at close on Jun 18  was US$2.4 trillion, making it the sixth-largest company in the world.</image:title>
      <image:caption>SpaceX&apos;s total market capitalisation at close on Jun 18  was US$2.4 trillion, making it the sixth-largest company in the world.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/msci-downgrades-indonesias-information-flow-criterion-transparency-concerns</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T07:52:11+08:00</news:publication_date>
      <news:title>MSCI downgrades Indonesia’s information flow criterion on transparency concerns</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/743a7584fb5062007362f0cec3944d9fd5092b2ba7af8e246be942958d6f6313</image:loc>
      <image:title>The benchmark Jakarta stock index is down more than 27% in 2026, making it the worst-performing major market in the world.</image:title>
      <image:caption>The benchmark Jakarta stock index is down more than 27% in 2026, making it the worst-performing major market in the world.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/cse-globals-share-slide-over-boardroom-clash-overblown-analysts</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T07:00:00+08:00</news:publication_date>
      <news:title>CSE Global’s share slide over boardroom clash overblown: analysts</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8641b947b5b28881a9bc29a034866b766fd04e7d854e7ef565f68a843cc45951</image:loc>
      <image:title>A clash between CSE Global board chairman Eugene Lai (left) and Tan Chian Khong led to the latter’s resignation as the company&apos;s lead independent director.</image:title>
      <image:caption>A clash between CSE Global board chairman Eugene Lai (left) and Tan Chian Khong led to Tan’s resignation as the company&apos;s lead independent director.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/what-singapore-can-learn-chengdu-about-revitalising-retail</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T07:00:00+08:00</news:publication_date>
      <news:title>What Singapore can learn from Chengdu about revitalising retail</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/821cd12f5f27d6b50f363681d5d2507c59041331e97fd09381c634b0e29202b3</image:loc>
      <image:title>Chengdu’s success at revitalising its retail spaces is worth studying. Start with people, create reasons to gather, allow concepts to be tested and let the place evolve.</image:title>
      <image:caption>Chengdu’s success at revitalising its retail spaces is worth studying. Start with people, create reasons to gather, allow concepts to be tested and let the place evolve.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/dbs-sees-46-upside-jardine-matheson-analysts-expect-it-surpass-conservative-targets</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T07:00:00+08:00</news:publication_date>
      <news:title>DBS sees 46% upside for Jardine Matheson; analysts expect it to surpass ‘conservative’ targets</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/90e627c8d9b027666c025398ceee53057726d87d663ec2ed35386e6488d23e0e</image:loc>
      <image:title>Jardine Matheson recently acquired Australian diagnostic chain i-MED.</image:title>
      <image:caption>The conglomerate&apos;s strategy is already taking shape via its recent US$2.4 billion acquisition of Australian diagnostic chain I-MED Radiology Network.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/food-drink/underrated-heritage-charm-hathaway</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T07:00:00+08:00</news:publication_date>
      <news:title>Underrated heritage charm at Hathaway</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a7c31c485d4fd5645bb1daa5ed515b733e7fbc632f2a73e86f888909323911b8</image:loc>
      <image:title>The new restaurant Hathaway Autograph is located in Varel Singapore on the cusp of Little India.</image:title>
      <image:caption>Hathaway is located in Varel Singapore on the cusp of Little India.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/how-ride-iedge-singapore-next-50-indices-momentum-wanes</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T07:00:00+08:00</news:publication_date>
      <news:title>How to ride the iEdge Singapore Next 50 indices as momentum wanes</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1385c3e6f60d00d972833a0b37082f425036f64f63ce017fa8861be2e8aa6c6f</image:loc>
      <image:title>AEM, Top Glove, UI Boustead Reit and PC Partner will be added to the iEdge Singapore Next 50 indices, replacing SingPost, Digital Core Reit, Wee Hur and China Sunsine.</image:title>
      <image:caption>AEM, Top Glove, UI Boustead Reit and PC Partner will be added to the iEdge Singapore Next 50 indices, replacing SingPost, Digital Core Reit, Wee Hur and China Sunsine.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/us-iran-envoys-head-talks-israeli-strikes-continue-after-ceasefire</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T06:56:13+08:00</news:publication_date>
      <news:title>US, Iran envoys head for talks, Israeli strikes continue after ceasefire</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/92cbf687dcaa20d6fc036da3903c7420c16a98ea78fdf3c86a492bdb13a0be13</image:loc>
      <image:title>The Iran war has killed at least 7,000 people, mostly in Iran and Lebanon. I</image:title>
      <image:caption>The Iran war has killed at least 7,000 people, mostly in Iran and Lebanon. I</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/oil-falls-supply-moves-through-strait-hormuz-after-iran-war-pact</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T06:22:59+08:00</news:publication_date>
      <news:title>Oil falls as supply moves through Strait of Hormuz after Iran war pact</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5a6c8295da88394827199881b780b596e7cb0b66a1abe3e794627d58cf88fed2</image:loc>
      <image:title>The push for diplomacy and the reopening of Hormuz allow for a resumption of production shuttered by major oil exporters. </image:title>
      <image:caption>The push for diplomacy and the reopening of Hormuz allow for a resumption of production shuttered by major oil exporters. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-indexes-advance-boost-chips-us-iran-deal-optimism</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T06:08:49+08:00</news:publication_date>
      <news:title>Wall Street indexes advance with boost from chips, US-Iran deal optimism</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d2f407af774e46c43be70e1dacdf88bc6a9ba7a8205a5d031da851df44fcbd7f</image:loc>
      <image:title>Inflation has been a huge worry for investors as oil prices had soared since the Iran war began in late February. </image:title>
      <image:caption>Inflation has been a huge worry for investors as oil prices had soared since the Iran war began in late February. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/thailand-revives-1-trillion-baht-coast-coast-corridor-rival-malacca-strait</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T06:00:00+08:00</news:publication_date>
      <news:title>Thailand revives 1 trillion baht coast-to-coast corridor to rival Malacca Strait</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8beea0dff6c6d38c47648f09e9abf29cc534677a2f8b658972341c16a8807295</image:loc>
      <image:title>Ranong province, Thailand—the planned site for a key section of the country’s proposed Southern Land Bridge project.</image:title>
      <image:caption>Ranong province is a planned site for a key section of Thailand’s proposed Southern Land Bridge project.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/mbf-goes-back-future-hm12-guardian</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T06:00:00+08:00</news:publication_date>
      <news:title>MB&amp;F goes back to the future with HM12 The Guardian</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/757413e2411e3365fa44e21f7696ff068377a119e8a8ffdc1f0026e7af74851b</image:loc>
      <image:title>The robotic face of the HM12 watch has a futuristic look.</image:title>
      <image:caption>The HM12’s face is built around the two “eyes”, the bidirectional jumping hours and trailing minutes. The tourbillon forms the “brain”. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-shares-retreat-markets-mull-hawkish-us-federal-reserve</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T05:46:46+08:00</news:publication_date>
      <news:title>European shares retreat as markets mull hawkish US Federal Reserve</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/965e55e41c71388826ab39e6844b2df7891348f9258d502d2fdce10cc6a809e9</image:loc>
      <image:title>The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 17, 2026.  REUTERS/staff</image:title>
      <image:caption>The pan-European Stoxx 600 index closed 0.3% lower on Jun 18, snapping a five-day winning streak. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/baptism-fire-andre-khor-leading-singapore-refiner-aster-through-energy-crisis</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-19T01:00:00+08:00</news:publication_date>
      <news:title>‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b80fcfdf0965914a0fc5df53d4498cded214d507fc1ea42710fae2af95dff388</image:loc>
      <image:title>Aster Energy&apos;s deputy chief executive Andre Khor</image:title>
      <image:caption>Aster&apos;s deputy chief executive Andre Khor says that agility is critical in an age of &quot;polycrisis&quot;.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/ai-cuts-tech-project-times-years-months-says-deutsche-bank-executive</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T23:32:18+08:00</news:publication_date>
      <news:title>AI cuts tech project times from years to months, says Deutsche Bank executive</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/672ff3d05111bad72b4c4096f36f5445dd875ad065e035069aedca6d37b4ca14</image:loc>
      <image:title>Backlogs that once took months are now being cleared in weeks, a Deutsche Bank senior executive said.</image:title>
      <image:caption>Backlogs that once took months are now being cleared in weeks, a Deutsche Bank senior executive said.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/transport-logistics/bmw-right-track-chairman-says-profit-warning-hits-shares</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T23:20:00+08:00</news:publication_date>
      <news:title>BMW &apos;on right track&apos;, chairman says as profit warning hits shares</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/fbf375fa14cd5c70741d97cb43d9af73a297cb3bb7098e97ba742ac2d5caeee2</image:loc>
      <image:title>BMW may announce capacity cuts in Europe and accelerate its strategy of localising production in North America and China.</image:title>
      <image:caption>BMW may announce capacity cuts in Europe and accelerate its strategy of localising production in North America and China.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/opec-sticks-robust-oil-demand-outlook-sees-no-peak-horizon</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T22:58:35+08:00</news:publication_date>
      <news:title>Opec sticks to robust oil demand outlook, sees no peak on horizon</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a979515180c97b0622b388cd9defd04cee54846c9206ad6e8b497fda9f4a1a83</image:loc>
      <image:title>World demand will rise to 113.3 million bpd in 2030 from 105.1 million barrels per day in 2025.</image:title>
      <image:caption>World demand will rise to 113.3 million bpd in 2030 from 105.1 million barrels per day in 2025.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/transport-logistics/byd-send-hot-selling-suv-europe-pressuring-incumbents</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T22:29:10+08:00</news:publication_date>
      <news:title>BYD to send hot-selling SUV to Europe, pressuring incumbents</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/73e6185a1fbfdbd8ad41f69e04df78fb350309ac723f1f784f7de3b0edfca9ef</image:loc>
      <image:title>BYD is stepping up investment in Europe.</image:title>
      <image:caption>BYD is stepping up investment in Europe.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/dim-sum-chain-tim-ho-wan-close-first-singapore-outlet-part-plaza-singapuras-redevelopment</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T22:00:11+08:00</news:publication_date>
      <news:title>Dim sum chain Tim Ho Wan to close first Singapore outlet as part of Plaza Singapura’s redevelopment</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/451a631d0b7da120f7ee87a245a1d37859719ae1b94ecdd85e0ccca2bdab7637</image:loc>
      <image:title>Hong Kong dim sum chain Tim Ho Wan will host a customer appreciation dinner event on July 12. </image:title>
      <image:caption>Hong Kong dim sum chain Tim Ho Wan will host a customer appreciation dinner event on July 12. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/wall-st-opens-higher-iran-deal-optimism-offsets-hawkish-fed</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T21:42:51+08:00</news:publication_date>
      <news:title>Wall St opens higher as Iran deal optimism offsets hawkish Fed</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c62a6ed8920e4eebb8d3bf8a88db3ac3da47a7ae0b2031888e583018793dd50f</image:loc>
      <image:title>The Dow Jones Industrial Average rose 79.3 points, or 0.15 per cent, to 51,571.85.    </image:title>
      <image:caption>The Dow Jones Industrial Average rose 79.3 points, or 0.15 per cent, to 51,571.85.    </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/transport-logistics/uk-moves-ahead-heathrow-airport-expansion-plan</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T21:37:55+08:00</news:publication_date>
      <news:title>UK moves ahead with Heathrow Airport expansion plan</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/15e0d13ad3bcea4abaa80f46cb1131001cb1898ea1f7fb55326088fb0da424c8</image:loc>
      <image:title>Plans to expand Heathrow have faced opposition for decades from local communities and environmentalists.</image:title>
      <image:caption>Plans to expand Heathrow have faced opposition for decades from local communities and environmentalists.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/indonesia-taps-capital-markets-veteran-boost-confidence-struggling-stock-market</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T21:17:01+08:00</news:publication_date>
      <news:title>Indonesia taps capital markets veteran to boost confidence in struggling stock market</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/48e8e200451f6db3ad124f4569973f6e832afc9ddb969b896e9921fbe9ab470d</image:loc>
      <image:title>Jeffrey Hendrik will serve a four-year term through 2030, according to the Indonesia Stock Exchange.</image:title>
      <image:caption>Jeffrey Hendrik will serve a four-year term through 2030, according to the Indonesia Stock Exchange.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/taiwan-central-bank-raises-growth-outlook-flags-inflation-concerns</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T21:09:25+08:00</news:publication_date>
      <news:title>Taiwan central bank raises growth outlook, flags inflation concerns</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2ee0cbaef33f7ac912a1c213ede4611fde752d44dd3ff1d5f6395ca26b30ef69</image:loc>
      <image:title>Yang Chin-long, Taiwan central bank&apos;s governor, expects expanding business opportunities from AI to drive export growth this year.</image:title>
      <image:caption>Yang Chin-long, Taiwan central bank&apos;s governor, expects expanding business opportunities from AI to drive export growth this year.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/us-weekly-jobless-claims-fall-amid-low-layoffs</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T21:07:13+08:00</news:publication_date>
      <news:title>US weekly jobless claims fall amid low layoffs</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/36500d8a8b8cdca20c0ca227ac7d3635c90d182f3599e94bfaf39eb22172a68f</image:loc>
      <image:title>The median duration of unemployment jumped to 11.6 weeks in May, the longest stretch since November 2021, from 11.0 weeks in April.</image:title>
      <image:caption>The median duration of unemployment jumped to 11.6 weeks in May, the longest stretch since November 2021, from 11.0 weeks in April.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/un-food-agencies-seek-us202-million-shield-8-8-million-people-el-nino</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T20:59:49+08:00</news:publication_date>
      <news:title>UN food agencies seek US$202 million to shield 8.8 million people from El Nino</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/54b0448800b92f0d5ad976001a86836721e3159849ee2ef96bfe570fdd959d80</image:loc>
      <image:title>Above: a view of cracked ground at Zimbabwe. Strong El Nino conditions in the second half of 2026 are predicted to increase the likelihood of drought, floods and storms in areas including parts of Africa and Asia, FAO and WFP said.</image:title>
      <image:caption>Above: a view of cracked ground at Zimbabwe. Strong El Nino conditions in the second half of 2026 are predicted to increase the likelihood of drought, floods and storms in areas including parts of Africa and Asia, FAO and WFP said.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/mas-adds-one-worlds-largest-crypto-exchanges-list-warning-investors</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T20:58:45+08:00</news:publication_date>
      <news:title>MAS adds one of world’s largest crypto exchanges to list warning investors</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b78f67707c8d3ba0efa8b252ce8a2dede24f5ac70380346d753b161d04e8119b</image:loc>
      <image:title>Co-founded by Singapore-based entrepreneur Ben Zhou, the exchange said it has been restricting access to users in Singapore. </image:title>
      <image:caption>Co-founded by Singapore-based entrepreneur Ben Zhou, the exchange said it has been restricting access to users in Singapore. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/transport-logistics/singapore-favoured-muslim-travellers-amid-surge-ai-assisted-holiday-planning-report</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T20:52:35+08:00</news:publication_date>
      <news:title>Singapore favoured by Muslim travellers amid surge in AI-assisted holiday planning: report</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/07296c88bdbac8af9f1e9d05940f8a51f48fb92dd22a976fe0c398b6ad734580</image:loc>
      <image:title>Four in five travellers now use AI tools to plan, evaluate and discover their journeys, the Global Muslim Travel Index shows.</image:title>
      <image:caption>Four in five travellers now use AI tools to plan, evaluate and discover their journeys, the Global Muslim Travel Index shows.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-england-holds-rates-7-2-vote-oil-outlook-eases</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-18T20:51:21+08:00</news:publication_date>
      <news:title>Bank of England holds rates in 7-2 vote as oil outlook eases</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/81c43bef708d7778b3c8c8377c806079e5d5360e3f791f85aeb6c0253d82a4dd</image:loc>
      <image:title>&quot;Oil prices have fallen in recent days and that&apos;s encouraging,&quot; Bank of England Governor Andrew Bailey said in written remarks.</image:title>
      <image:caption>&quot;Oil prices have fallen in recent days and that&apos;s encouraging,&quot; Bank of England Governor Andrew Bailey said in written remarks.</image:caption>
    </image:image>
  </url>
</urlset>