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  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/taiwanese-brothers-amass-us1-billion-boom-display-chips</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T08:08:46+08:00</news:publication_date>
      <news:title>Taiwanese brothers amass US$1 billion from boom in display chips</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c31cc648dea2b5658ce7c944505182c291936c4156de38bade4167c399c19231</image:loc>
      <image:title>Economists expect growth in Singapore exports to persist in the months ahead, with sustained outperformance of the electronics and semiconductor segments. </image:title>
      <image:caption>Himax has 2,200 employees, of whom it says more than 90% are engineers, and offices in Taiwan, China, South Korea and the US.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/why-its-nearly-impossible-build-robot-without-china</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T07:26:10+08:00</news:publication_date>
      <news:title>Why it’s nearly impossible to build a robot without China</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/efc4c2636664c7cb34163afb3babb2b2b162f24d0945cdd0e0edacdd00c4d900</image:loc>
      <image:title>Tech investors, startup founders and government officials around the world are betting that AI will spur growth for robots, that lead no longer belongs to Japan.</image:title>
      <image:caption>Tech investors, startup founders and government officials around the world are betting that AI will spur growth for robots, that lead no longer belongs to Japan.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/info-tech-systems-wants-leverage-customers-overseas-expansion-future-growth</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T07:00:00+08:00</news:publication_date>
      <news:title>Info-Tech Systems wants to leverage customers’ overseas expansion for future growth</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/68fae596e922a04ff8593957bd84f807aaace4e64b8be893ac00499f9979178b</image:loc>
      <image:title>Info-Tech Systems</image:title>
      <image:caption>Info-Tech Systems has an academy to capitalise on demand for artificial intelligence training.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/asian-playbook-global-brands-no-longer-works</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T07:00:00+08:00</news:publication_date>
      <news:title>The Asian playbook for global brands no longer works</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1ac1fe0abb0e8d6c6b9cb3d49387178b33a1ede21ba0a281052c45f34690f3a4</image:loc>
      <image:title>Some global consumer brands have exited, yet other international brands such as Chick-fil-A have entered or are expanding in Singapore.</image:title>
      <image:caption>Some global consumer brands have exited, yet other international brands such as Chick-fil-A have entered or are expanding in Singapore.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/healthcare-sector-least-affected-geopolitical-tensions-say-cbc-group-and-gho-capital-after-us21</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T07:00:00+08:00</news:publication_date>
      <news:title>Healthcare is sector least affected by geopolitical tensions, say CBC Group and GHO Capital after US$21 billion merger</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e7b604045d799d02c4bb84cb5c5e6401bf9aa1eb3c791c424a847463f7b58a5e</image:loc>
      <image:title>The combined asset management firm will be in a different league compared to our peers, said Fu Wei, CEO of CBC Capital</image:title>
      <image:caption>Fu Wei, CBC Group CEO, says the combined entity will be &quot;in a different league&quot; compared with other specialist healthcare asset managers.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/why-fragile-us-iran-mou-wont-restart-rate-cut-cycle</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T07:00:00+08:00</news:publication_date>
      <news:title>Why the fragile US-Iran MOU won’t restart the rate-cut cycle</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/83904278dcbad47d5cc0249ed43646dbfa1ba0891477b1dbfc7a75b5a4b8db50</image:loc>
      <image:title>A neighbourhood destroyed by an Israeli airstrike in Lebanon&apos;s Tyre district. Key threats to the US-Iran deal include the non-trivial possibility that Israel may derail it.</image:title>
      <image:caption>A neighbourhood destroyed by an Israeli airstrike in Lebanon&apos;s Tyre district. Key threats to the US-Iran deal include the non-trivial possibility that Israel may derail it.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/baltic-exchange-shipping-insights74</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T07:00:00+08:00</news:publication_date>
      <news:title>Baltic Exchange Shipping Insights</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/63af1798d32564312b436e657ec7b818b960578c1b5a6a9ad51406daa472ca48</image:loc>
      <image:title>A roundup of the week’s tanker and dry bulk market (Jun 19, 2026).</image:title>
      <image:caption>A roundup of the week’s tanker and dry bulk market (Jun 19, 2026).</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/great-eastern-goes-high-net-worth-offensive-dont-call-it-pivot</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T07:00:00+08:00</news:publication_date>
      <news:title>​Great Eastern goes on the high-net-worth offensive, but don’t call it a pivot</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/de4dad7f854183e4f77c8799798b957806df02801fb08731f9d7ce5ea6420d49</image:loc>
      <image:title>“I want people to be very proud of Great Eastern as a local champion,” says group CEO Greg Hingston.</image:title>
      <image:caption>“I want people to be very proud of Great Eastern as a local champion,” says group CEO Greg Hingston.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/us-startup-databricks-raise-singapore-headcount-50-ai-demand-grows</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T07:00:00+08:00</news:publication_date>
      <news:title>US startup Databricks to raise Singapore headcount by up to 50% as AI demand grows</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f256110030e7ce59ae05177168288877a3cd1a93db3367abc0df38498c5343be</image:loc>
      <image:title>The roles on hire span the “full gamut” of sales, engineering, marketing and other functions, says Arsalan Tavakoli-Shiraji, senior vice-president of field engineering and one of Databricks’ seven co-founders.</image:title>
      <image:caption>Arsalan Tavakoli-Shiraji, senior vice-president of field engineering and one of Databricks’ seven co-founders, says that the roles on hire span the “full gamut” of sales, engineering, marketing and other functions.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/wealth/mass-affluent-are-losing-their-allure-wealth-managers-navigating-ai</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T07:00:00+08:00</news:publication_date>
      <news:title>The ‘mass affluent’ are losing their allure for wealth managers navigating AI</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c0fe30c727e401a5556fd28ec1a57a38a9394f91daa3442e1257945a0af5a5d1</image:loc>
      <image:title>Professionals in the wealth management industry are trying to figure out what exactly makes a human adviser irreplaceable by AI.</image:title>
      <image:caption>Professionals in the wealth management industry are trying to figure out what exactly makes a human adviser irreplaceable by AI.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/middle-east-conflict-pushes-asia-next-phase-energy-rethink-bank-america</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T07:00:00+08:00</news:publication_date>
      <news:title>Middle East conflict pushes Asia into next phase of energy rethink: Bank of America</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3e321b372b4b5de6e195e5856199d388417ee1f809c38e8065efdcd57cd1e7ba</image:loc>
      <image:title>Asia is where there will be &quot;corporate and policy conversations&quot;, says Bernard Mensah, president of international at Bank of America.</image:title>
      <image:caption>Asia is where there will be &quot;corporate and policy conversations&quot; about energy security, says Bernard Mensah, president of international at Bank of America.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/sp-500-holds-bullish-momentum-amid-increasing-volatility</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T07:00:00+08:00</news:publication_date>
      <news:title>S&amp;P 500 holds on to bullish momentum amid increasing volatility</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1b1747b556d4ec3a9c1e54ce8e866ac882f85faac387072b3b37b71946947f5d</image:loc>
      <image:title>Since the April reversal, the S&amp;P 500 has continued to form a series of higher highs and higher lows, while remaining comfortably above its major moving averages. </image:title>
      <image:caption>Since the April reversal, the S&amp;P 500 has continued to form a series of higher highs and higher lows, while remaining comfortably above its major moving averages. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-climbs-after-fresh-trump-threat-us-iran-peace-talks-begin</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T06:40:27+08:00</news:publication_date>
      <news:title>Oil climbs after fresh trump threat as US-Iran peace talks begin</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b951e57f82548805c28e1f351c28d5e0a9eeda8a8bead5dcb726ae7020457a57</image:loc>
      <image:title>The war in the Middle East has choked off supply in a region responsible for a third of the world’s oil production.</image:title>
      <image:caption>The war in the Middle East has choked off supply in a region responsible for a third of the world’s oil production.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/while-world-scrambles-oil-china-sits-full-tanks</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T06:03:09+08:00</news:publication_date>
      <news:title>While the world scrambles for oil, China sits on full tanks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b149d1d8ed55099dd605ba08100ff5df5b6790648254dae8a89f0e6ff166e825</image:loc>
      <image:title>China overtook the United States in 2024 to become the world’s largest oil refiner and is typically a major supplier of refined fuels to neighbouring countries.</image:title>
      <image:caption>China overtook the United States in 2024 to become the world’s largest oil refiner and is typically a major supplier of refined fuels to neighbouring countries.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/podcasts/stop-waiting-right-time-why-micro-investing-new-wealth-superpower</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-22T05:00:00+08:00</news:publication_date>
      <news:title>Stop waiting for the ‘right time’: why micro-investing is the new wealth superpower</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2631d4d1cafae82050a87d17168f58c96754fb15d3bb9e1d17f1276585eea762</image:loc>
      <image:title>What stops everyday Singaporeans from investing, and how can these friction points be tackled?</image:title>
      <image:caption>What stops everyday Singaporeans from investing, and how can these friction points be tackled?</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/uk-pm-starmer-decide-political-future-lawmakers-call-him-step-aside</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T23:24:37+08:00</news:publication_date>
      <news:title>UK PM Starmer to decide political future as more lawmakers call for him to step aside</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2b6c8631020c73bf5ecc22919e365f4a14658773debb5143179e5968e6cfb8a0</image:loc>
      <image:title>UK Prime Minister Keir Starmer’s unpopularity was laid bare by his Labour Party’s heavy losses in local elections in May.</image:title>
      <image:caption>British Prime Minister Keir Starmer’s unpopularity was laid bare by his Labour Party’s heavy losses in local elections in May.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-glut-bets-back-play-crude-sinks-after-us-iran-deal</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T22:31:14+08:00</news:publication_date>
      <news:title>Oil glut bets back in play as crude sinks after US-Iran deal</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/85e834848d25ffed327a78c36c0def5d7f1b028caac4189017e227c026822980</image:loc>
      <image:title>The premium for two-month Brent call options has all but disappeared, after reaching more than 30 points in mid-March.</image:title>
      <image:caption>The premium for two-month Brent call options has all but disappeared, after reaching more than 30 points in mid-March.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/soaring-profits-emerging-markets-build-case-raging-bull-market</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T21:36:13+08:00</news:publication_date>
      <news:title>Soaring profits in emerging markets build the case for a raging bull market</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/41cc50add1af6fc764875702b46fdadd044f6799390178ec85d2edee85f3a71f</image:loc>
      <image:title>Companies in the MSCI EM Index have reported average annual earnings above expectations set a year ago for the first time since April 2022, data shows. </image:title>
      <image:caption>Companies in the MSCI EM Index have reported average annual earnings above expectations set a year ago for the first time since April 2022, data shows. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/ray-ban-heir-escalates-fight-control-family-fortune</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T20:33:03+08:00</news:publication_date>
      <news:title>Ray-Ban heir escalates fight for control of family fortune</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ff8e397001690a18a1ee9a80c195af00c6818643e1b9536322250312bb0fd8b5</image:loc>
      <image:title>Leonardo Maria Del Vecchio is attempting to buy the combined 25% stakes held by his siblings, which would lift his ownership to 37.5%.</image:title>
      <image:caption>Leonardo Maria Del Vecchio is attempting to buy the combined 25% stakes held by his siblings, which would lift his ownership to 37.5%.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/aluminiums-war-shock-blunted-dark-transits-and-chinese-supply</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T19:51:18+08:00</news:publication_date>
      <news:title>Aluminium’s war shock blunted by dark transits and Chinese supply</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ef9b8758aaa71366fe751c3d54929d2afceccce6cdaf43021d3aa4bc5dc8d5f7</image:loc>
      <image:title>Some of the market’s biggest bulls have trimmed their price forecasts for aluminium in recent days.</image:title>
      <image:caption>Some of the market’s biggest bulls have trimmed their price forecasts for aluminium in recent days.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/king-charles-reveal-tax-details-first-time</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T18:15:33+08:00</news:publication_date>
      <news:title>King Charles to reveal tax details for the first time</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c9aa1a15da5ccb0328b61d5a68c7f56da2a173b8a0afdfb3b2837425681d401c</image:loc>
      <image:title>King Charles III receives personal income from land, private estates and investments, as well as a sum from the government to support royal duties.</image:title>
      <image:caption>King Charles III receives personal income from land, private estates and investments, as well as a sum from the government to support royal duties.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/wealth/pe-owners-tap-hot-loan-market-pay-themselves</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T16:53:19+08:00</news:publication_date>
      <news:title>PE owners tap a hot loan market to pay themselves</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6ed6f42060bfb866ed4f926a06f0fb93683c9df70b66770fc29dd25b2f857fea</image:loc>
      <image:title>A recent scarcity of loans is driving the volume of dividend recapitalisations, including by Blackstone, higher.</image:title>
      <image:caption>A recent scarcity of loans is driving the volume of dividend recapitalisations, including by Blackstone, higher.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/after-fracture-how-britains-financial-industry-recovered-brexit</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T16:37:33+08:00</news:publication_date>
      <news:title>After the fracture: How Britain’s financial industry recovered from Brexit</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/70f6e0b97072d91f80d8a6dc505a356f5462b5673be55dd431a47bc885fa4095</image:loc>
      <image:title>Employment in the City of London financial district is near an all-time high, and banks are posting record profits.</image:title>
      <image:caption>Employment in the City of London financial district is near an all-time high, and banks are posting record profits.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/yen-teeters-cusp-40-year-low-pound-firms</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T16:25:42+08:00</news:publication_date>
      <news:title>Yen teeters on cusp of 40-year low; pound firms</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/38f8d9cf97ad3df733f75ddc9c76781c5c9f61c40f2256157d62117814a33294</image:loc>
      <image:title>Weighing on the yen are Japanese interest rates, which are much lower than those elsewhere, even after the Bank of Japan hiked interest rates to a 31-year high.</image:title>
      <image:caption>Weighing on the yen are Japanese interest rates, which are much lower than those elsewhere, even after the Bank of Japan hiked interest rates to a 31-year high.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/thye-hua-kwan-improves-service-delivery-research-elder-abuse-divorce-support-and-art-therapy</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T15:31:02+08:00</news:publication_date>
      <news:title>Thye Hua Kwan improves service delivery with research on elder abuse, divorce support and art therapy</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/25e855175e4ae15227c86035c3b4c34e24e65f1cd1c478d269e777e740880b2c</image:loc>
      <image:title>THKMC&apos;s Centralised Research Unit comprises four full-time researchers and two psychologists.</image:title>
      <image:caption>THKMC&apos;s Centralised Research Unit comprises four full-time researchers and two psychologists.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/indonesias-msci-moment-truth-looms-over-global-index-standing</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T15:23:00+08:00</news:publication_date>
      <news:title>Indonesia’s MSCI moment of truth looms over global index standing</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/743a7584fb5062007362f0cec3944d9fd5092b2ba7af8e246be942958d6f6313</image:loc>
      <image:title>Indonesia has held MSCI’s emerging-market status since 1989, and remains one of South-east Asia’s largest equity markets.</image:title>
      <image:caption>Indonesia has held MSCI’s emerging-market status since 1989, and remains one of South-east Asia’s largest equity markets.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/singapore-investors-see-spacex-investment-long-term-bet-future-space-economy</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T15:00:00+08:00</news:publication_date>
      <news:title>Singapore investors see SpaceX investment as a long-term bet on the future of the space economy</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d41f112075e0921b776b385e24f2be99d1746ee7c2a3c99af1f15f499ff0f9e1</image:loc>
      <image:title>From left: Alta CEO Kelvin Lee, general partner at Turn Capital Ho Kheng Lian and founding partner at True Global Ventures 4 Lim Qing Ru. </image:title>
      <image:caption>From left: Kelvin Lee, CEO of Alta; Ho Kheng Lian, general partner at Turn Capital; and Lim Qing Ru, founding partner at True Global Ventures 4. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/italian-pm-melonis-g7-photo-spat-trump-shows-readiness-risk-bigger-fight</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T14:32:27+08:00</news:publication_date>
      <news:title>Italian PM Meloni’s G7 photo spat with Trump shows readiness to risk a bigger fight</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3e5635da83895978b39cbfeaa36c767bc87f334aabec8af7ca715aec55417cfb</image:loc>
      <image:title>The schism between US President Donald Trump (left) and Italian Prime Minister Giorgia Meloni came somewhat unprompted on the heels of an otherwise jolly G7 gathering.</image:title>
      <image:caption>The schism between US President Donald Trump (left) and Italian Prime Minister Giorgia Meloni came somewhat unprompted on the heels of an otherwise jolly G7 gathering.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/wealth/singapore-cements-position-asia-pacific-wealth-hub-regions-aum-set-hit-us34-5-trillion-2030-pwc</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T14:00:00+08:00</news:publication_date>
      <news:title>Singapore cements position as Asia-Pacific wealth hub as region’s AUM set to hit US$34.5 trillion by 2030: PwC</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/bfed3c32351ef980a789575b3260150206b8998f7948e2a896abf50fbf85bbae</image:loc>
      <image:title>“Singapore’s role in Asia Pacific asset and wealth management is being shaped by structural advantages,” said Paul Pak, Asia Pacific and Singapore Asset and Wealth Management Leader, PwC Singapore.</image:title>
      <image:caption>Singapore’s role in Asia-Pacific asset and wealth management is being shaped by structural advantages, says PwC&apos;s Paul Pak.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/stock-traders-guide-navigating-rare-super-el-nino-5-sectors-watch-risks-build</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T12:08:40+08:00</news:publication_date>
      <news:title>A stock trader’s guide to navigating rare ‘Super El Nino’: 5 sectors to watch as risks build</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1fe83a22d0c5b07342554407d6ab1b56cd75abcbce8ba0d90f62608cf091d0ee</image:loc>
      <image:title>The world last faced such a strong El Nino in 2015 and 2016, and it resulted in more than US$7.8 trillion in lost productivity, found a US study.</image:title>
      <image:caption>The world last faced such a strong El Nino in 2015 and 2016, and it resulted in more than US$7.8 trillion in lost productivity, found a US study.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/ai-capex-cycle-drives-institutional-inflows-and-gains-singapores-listed-tech-manufacturers</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T12:00:00+08:00</news:publication_date>
      <news:title>AI capex cycle drives institutional inflows and gains for Singapore’s listed tech manufacturers</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/09f73962df9ea085548c87d381c23656bc400265ef496f28b1933b51a028f6f3</image:loc>
      <image:title>UMS Integration’s new factory in Penang. </image:title>
      <image:caption>UMS Integration has gained from the strong AI-driven chip demand worldwide, posting a 43% rise in Q1 profit to S$14 million.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/trumps-fears-about-economy-undercut-us-leverage-iran-talks</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T11:31:08+08:00</news:publication_date>
      <news:title>Trump’s fears about economy undercut US leverage in Iran talks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f2a6ebd6cf7f627fc0283a9e72e65b03873f88faae9db8ac1c42cca394726e0b</image:loc>
      <image:title>Knowing that Trump will be reluctant to restart the military campaign – and thus spark fresh economic turmoil – eases the pressure for Iran to end the talks quickly.</image:title>
      <image:caption>Knowing that Trump will be reluctant to restart the military campaign – and thus spark fresh economic turmoil – eases the pressure for Iran to end the talks quickly.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/wellness-zone-plane-qantas-tests-new-ways-beat-jet-lag-worlds-longest-nonstop-flight</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T10:16:15+08:00</news:publication_date>
      <news:title>Wellness zone on a plane? Qantas tests new ways to beat jet lag on world’s longest nonstop flight</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d7154b488b1da561cf46da594aa9a4e68c9e368c6f09ff23a3c78c58cefb03d7</image:loc>
      <image:title>FILE PHOTO: Australia’s Qantas presents the first of 12 modified Airbus A350-1000ULR jets to be used for record-breaking non-stop flights, with Sydney-London designated as the first route, at a ceremony at Airbus headquarters in Toulouse, France, June 17, 2026. REUTERS/Tim Hepher/File Photo</image:title>
      <image:caption>Airbus is assembling the modified Airbus SE A350-1000 fleet in Toulouse, France, that will let Qantas break the limits of nonstop connections.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/report-says-uk-pm-starmer-ready-quit-source-says-he-still-focused-job</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-21T09:40:02+08:00</news:publication_date>
      <news:title>Report says UK PM Starmer ready to quit, but source says he is still focused on the job</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/cad121d94473fe247f80ee58164c4cd56b87e63f1715fa0b391cda2cf6e4a51f</image:loc>
      <image:title>The threat to Keir Starmer’s (left) position increased sharply on Jun 19 when his rival Andy Burnham (right) won a seat in parliament.</image:title>
      <image:caption>The threat to Keir Starmer’s (left) position increased sharply on Jun 19 when his rival Andy Burnham (right) won a seat in parliament.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/fresh-trump-threat-angers-teheran-us-iran-peace-talks-open-switzerland</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-06-20T22:26:17+08:00</news:publication_date>
      <news:title>Fresh Trump threat angers Teheran, as US-Iran peace talks open in Switzerland</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/484634130cea6c388e2d7e1159f7b9a0e7164a01cbf0e58b4434fb93e36f3519</image:loc>
      <image:title>US Vice-President JD Vance (centre) and White House envoy Jared Kushner (left) at the US-Iran talks in the Buergenstock resort in Switzerland on Jun 21.</image:title>
      <image:caption>US Vice-President JD Vance (centre) and White House envoy Jared Kushner (left) at the US-Iran talks in the Buergenstock resort in Switzerland on Jun 21.</image:caption>
    </image:image>
  </url>
  <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-multibillion-dollar-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 multibillion-dollar deal for Singapore-based data centre operator DayOne: sources</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ec1ea7d9d2f81f7e36480bd93ba0407ff8c92c970fb4c3a59d7e39b56019e226</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>
</urlset>