<?xml version="1.0" encoding="UTF-8"?>
<urlset xmlns="http://www.sitemaps.org/schemas/sitemap/0.9" xmlns:news="http://www.google.com/schemas/sitemap-news/0.9" xmlns:image="http://www.google.com/schemas/sitemap-image/1.1">
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/anthropic-shift-some-shares-new-public-good-fund</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-19T05:55:12+08:00</news:publication_date>
      <news:title>Anthropic to shift some shares into new ‘public good’ fund</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7137a6c675ed89a496c0c511a5c837c68dbb71862467ba749daf8015d9780859</image:loc>
      <image:title>This comes as the firm seeks to address rising concerns about AI safety and its potential unintended impact.</image:title>
      <image:caption>This comes as the firm seeks to address rising concerns about AI safety and its potential unintended impact.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/podcasts/navigating-retirement-planning-why-cash-your-riskiest-asset?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-19T05:00:00+08:00</news:publication_date>
      <news:title>Navigating retirement planning: Why cash is your riskiest asset</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/52564a5c9b2a1dc1bd5cf72b4767f4abb54d5f532195f60f9f0bb321341f706f</image:loc>
      <image:title>Should we be rethinking our emergency funds in our basic savings accounts?</image:title>
      <image:caption>Should we be rethinking our emergency funds in our basic savings accounts?</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/ai-rally-wobbles-stock-markets-spotlight-turns-earnings?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T22:05:07+08:00</news:publication_date>
      <news:title>As AI rally wobbles, stock market’s spotlight turns to earnings</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/80fd88b2a14f44eccf0584e3d25cb8b91908a2a9ce42c9b834ff40f2db0a9d57</image:loc>
      <image:title>Dragged down by the swoon in heavyweight tech and AI stocks, the S&amp;P 500 posted its biggest weekly drop since June.</image:title>
      <image:caption>Dragged down by the swoon in heavyweight tech and AI stocks, the S&amp;P 500 posted its biggest weekly drop since June.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/samsung-use-tsmc-tech-nvidias-next-generation-memory-chips-says-seoul-newspaper?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T21:32:02+08:00</news:publication_date>
      <news:title>Samsung to use TSMC tech for Nvidia’s next-generation memory chips, says Seoul newspaper</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8b3ecde5e822e8a7f8731f46e471204cbb117213238e86f1106b0e3b1dbf51a5</image:loc>
      <image:title>NVHBM integrates Nvidia’s custom memory controller into the base die and is aimed at standardising implementation across multiple memory suppliers, said the company.</image:title>
      <image:caption>NVHBM integrates Nvidia’s custom memory controller into the base die and is aimed at standardising implementation across multiple memory suppliers, said the company.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/far-east-organizations-serra-residences-sells-less-quarter-units-released-average-s3460-psf?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T21:21:51+08:00</news:publication_date>
      <news:title>Far East Organization’s The Serra Residences sells less than a quarter of units released at average S$3,460 psf</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/fb47f11e0b1f3d447abbc7a2543b874cf65afab02965deae3b5b9ea20ed6f20a</image:loc>
      <image:title>The Serra Residences is on the former site of Pastoral View and adjoining land at Bassein Road, which Far East Organization acquired 16 years ago.</image:title>
      <image:caption>The Serra Residences is on the former site of Pastoral View and adjoining land at Bassein Road, which Far East Organization acquired 16 years ago.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/mas-sgx-must-address-our-ipo-problem?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T20:05:55+08:00</news:publication_date>
      <news:title>MAS, SGX must address our IPO problem</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6629227afa3727429284699ed1a61cd36943abfb2f69d90275f5c4809d3019f9</image:loc>
      <image:title>sgx logo outside its building</image:title>
      <image:caption>Some market watchers say SGX should focus on drawing listing aspirants in fields already anchored by homegrown champions.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/imfworld-bank-meetings-leave-developing-countries-more-questions-answers?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T19:32:18+08:00</news:publication_date>
      <news:title>IMF/World Bank meetings leave developing countries with more questions than answers</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/544cf40ffa0fd6ccfd1cc1708f0909ef1c22c048d9c4464fb6219e37b1542828</image:loc>
      <image:title>IMF chief Kristalina Georgieva said many issues remained unresolved, especially around AI: “We are in a place where we have many more questions than we have answers.”</image:title>
      <image:caption>IMF chief Kristalina Georgieva said many issues remained unresolved, especially around AI: “We are in a place where we have many more questions than we have answers.”</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/iran-urges-us-accept-proposal-reopen-strait-hormuz?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T19:00:08+08:00</news:publication_date>
      <news:title>Iran urges US to accept proposal to reopen Strait of Hormuz</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8713f3ee572722450b83ed04a193607856633a8badd1a1e35ae776e5c7b59dc7</image:loc>
      <image:title>Teheran said negotiations should initially focus on reopening the Strait of Hormuz, which before the war carried about a fifth of the global trade in oil and liquefied natural gas.</image:title>
      <image:caption>Teheran said negotiations should initially focus on reopening the Strait of Hormuz, which before the war carried about a fifth of the global trade in oil and liquefied natural gas.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/microsoft-scraps-uk-data-centre-deal-nscale-telegraph-says?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T17:33:05+08:00</news:publication_date>
      <news:title>Microsoft scraps UK data centre deal with Nscale, Telegraph says</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0b191c8b64efb218ead5ddf9bf1902adc19adaac97a133b0227442578b5ad57a</image:loc>
      <image:title>Microsoft’s withdrawal would mark a setback for Nscale, which is seeking to raise as much as US$3 billion in an IPO as soon as October.</image:title>
      <image:caption>Microsoft’s withdrawal would mark a setback for Nscale, which is seeking to raise as much as US$3 billion in an IPO as soon as October.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/sec-should-protect-investors-not-private-funds</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T17:03:56+08:00</news:publication_date>
      <news:title>The SEC should protect investors, not private funds</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/07d976c81c7bb4a00900bd5c82ed4709147977f92237cf5f0a2cd153399674fc</image:loc>
      <image:title>The SEC proposes to allow private-fund managers to create, without any prior regulatory approval, multiple share classes in a closed-end fund.</image:title>
      <image:caption>The SEC proposes to allow private-fund managers to create, without any prior regulatory approval, multiple share classes in a closed-end fund.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/two-killed-saudi-helicopter-crash-near-yemen-border-houthi-war-rages</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T16:42:25+08:00</news:publication_date>
      <news:title>Two killed in Saudi helicopter crash near Yemen border as Houthi war rages</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7642d4f27d58a6e83142f3bda76e61ca93dd0519c6805a110ab99e88da592f41</image:loc>
      <image:title>The war has compounded an energy-supply crunch, with the Houthis targeting ships passing through the Bab el-Mandeb strait – a key oil-export corridor.</image:title>
      <image:caption>The war has compounded an energy-supply crunch, with the Houthis targeting ships passing through the Bab el-Mandeb strait – a key oil-export corridor.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/greenback-falls-fed-hike-bets-fade-ai-jitters-linger</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T16:14:36+08:00</news:publication_date>
      <news:title>Greenback falls as Fed hike bets fade, AI jitters linger</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/fd31a6abb71bfe31cc0f3584fa0f5c6d659b88ad09080fe0051f66a640d2d53d</image:loc>
      <image:title>At the International Monetary Fund-World Bank annual meetings in Bangkok on Oct 16, Fed Chair Kevin Warsh offered no clues about future rate decisions, saying he does not “prejudge meetings”.</image:title>
      <image:caption>At the International Monetary Fund-World Bank annual meetings in Bangkok on Oct 16, Fed Chair Kevin Warsh offered no clues about future rate decisions, saying he does not “prejudge meetings”.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/street-fighter-review-choose-your-fighter</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T15:23:16+08:00</news:publication_date>
      <news:title>‘Street Fighter’ review: Choose your fighter</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0fe3d58c8c28b60954260d1fbabcb249439c60390b77ff7e3d94c723a1da9ac9</image:loc>
      <image:title>Director Kitao Sakurai and cast members at the premiere for Street Fighter in Los Angeles; the cast knows not to humanise but instead to lean into the caricature and theatrics. </image:title>
      <image:caption>Director Kitao Sakurai and cast members at the premiere for Street Fighter in Los Angeles; the cast knows not to humanise but instead to lean into the caricature and theatrics. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/whats-ailing-group-medical-benefits-market-integrated-shield-plans-offer-clues?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T15:04:28+08:00</news:publication_date>
      <news:title>What’s ailing the group medical-benefits market? Integrated Shield Plans offer clues</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/eb0ff04a2516a373b130bd362267054ba091331119d53ea4b1beac860701c4d8</image:loc>
      <image:title>Escalating claims and rising cost of care – usually in private-care settings – are causing companies’ group-health premiums to rise by an average of 15% to 20% a year.</image:title>
      <image:caption>Escalating claims and rising cost of care – usually in private-care settings – are causing companies’ group-health premiums to rise by an average of 15% to 20% a year.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/cracks-emerge-ai-borrowing-boom-coreweave-oracle-and-softbank-debt-worries-grow</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T14:58:51+08:00</news:publication_date>
      <news:title>Cracks emerge in AI borrowing boom as CoreWeave, Oracle and SoftBank debt worries grow</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/bc8062f2f0df693cf2c26034fb5e4ab205769887ed1ea5235faf7f1c7ef1fb9c</image:loc>
      <image:title>Several investors said they worried about whether hyperscalers would even need to lease space from CoreWeave in the future.</image:title>
      <image:caption>Several investors said they worried about whether hyperscalers would even need to lease space from CoreWeave in the future.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/vietnam-signs-free-trade-pact-european-countries-including-norway-switzerland</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T14:21:45+08:00</news:publication_date>
      <news:title>Vietnam signs free trade pact with European countries including Norway, Switzerland</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/084fcfc613b1b04a6d6581f131ed605febe4e638e1e37e5f31bbb0477fd0a396</image:loc>
      <image:title>Vietnam mainly exports seafood, footwear, textiles, machinery and equipment, electronics and components to the EFTA market.</image:title>
      <image:caption>Vietnam mainly exports seafood, footwear, textiles, machinery and equipment, electronics and components to the EFTA market.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/mass-protests-france-spiral-worst-riots-years</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T13:29:10+08:00</news:publication_date>
      <news:title>Mass protests in France spiral into worst riots in years</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/16ab96fd0582cfbfb3fcefee37d3f9032e44a627eb3e3fca7be2fc1327d780dd</image:loc>
      <image:title>A fire destroyed the Limoges city hall after a group of individuals forced entry into the building during protests on Oct 17.</image:title>
      <image:caption>A fire destroyed the Limoges city hall after a group of individuals forced entry into the building during protests on Oct 17.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/7-eleven-adds-hot-food-counters-16-singapore-stores-dfi-retail-sharpens-growth-focus?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T12:50:00+08:00</news:publication_date>
      <news:title>7-Eleven adds hot-food counters at 16 Singapore stores as DFI Retail sharpens growth focus</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ce1ce63d1e0240bcb04fbf6824d35d05f16b4cb9887a8b95e2f6ce2706d4db06</image:loc>
      <image:title>The section for ready meals at the 7-Eleven outlet in East Coast Parkway.</image:title>
      <image:caption>The section for ready meals at the 7-Eleven outlet in East Coast Parkway.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/australian-home-auctions-decline-rate-hikes-dampen-activity</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T12:10:15+08:00</news:publication_date>
      <news:title>Australian home auctions decline as rate hikes dampen activity</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8c9e59cc2b2305dbb0a519c36dc9b7c15c2c8a6eb9b03ff8bdf04f63dc98562d</image:loc>
      <image:title>Auctions are a popular way of selling houses in Australia, particularly in the largest cities of Sydney and Melbourne.</image:title>
      <image:caption>Auctions are a popular way of selling houses in Australia, particularly in the largest cities of Sydney and Melbourne.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/assembly-place-expands-beyond-co-living-it-targets-10000-keys-2030?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T12:00:00+08:00</news:publication_date>
      <news:title>The Assembly Place expands beyond co-living as it targets 10,000 keys by 2030</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2c2b583d849feaa7ee5672cc271b2f0d550d6781c25d6c6707a803fc83f056b2</image:loc>
      <image:title>For TAP CEO Eugene Lim, community connections are key to keeping members plugged into the network.</image:title>
      <image:caption>For TAP CEO Eugene Lim, community connections are key to keeping members plugged into the network.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/insider-stakes-rise-alongside-s40-million-buybacks?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T12:00:00+08:00</news:publication_date>
      <news:title>Insider stakes rise alongside S$40 million of buybacks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/677fdd1a8b6c47e8ad72760f182f3348e9a0c3ff2b522dc0fe3cf9e7648d3409</image:loc>
      <image:title>Directors or CEOs reported 26 acquisitions and five disposals, while substantial shareholders recorded 15 acquisitions and three disposals over the five sessions to Oct 15.</image:title>
      <image:caption>Directors or CEOs reported 26 acquisitions and five disposals, while substantial shareholders recorded 15 acquisitions and three disposals over the five sessions to Oct 15.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/s-reits-commence-q3-earnings-season-interest-rates-remain-focus?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T12:00:00+08:00</news:publication_date>
      <news:title>S-Reits commence Q3 earnings season as interest rates remain in focus</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/01d9962a16eae2e3c47bf2116fcb848aa3224e9910672673cca51ce89ad06432</image:loc>
      <image:title>PLQ Mall, a Lendlease Global Commercial Reit property. The Reit is scheduled to release its results on Oct 30.</image:title>
      <image:caption>PLQ Mall, a Lendlease Global Commercial Reit property. The Reit is scheduled to release its results on Oct 30.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/trump-take-60-days-assess-economic-impact-russia-sanctions-rubio</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T11:34:52+08:00</news:publication_date>
      <news:title>Trump to take up to 60 days to assess economic impact of Russia sanctions: Rubio</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/048fef9f32ca52211c3a9efb7017d536b801bf0a56ae7c86379543cfd892c67d</image:loc>
      <image:title>Russian President Vladimir Putin (left) with US President Donald Trump at Joint Base Elmendorf-Richardson in Anchorage, Alaska in August last year.</image:title>
      <image:caption>Russian President Vladimir Putin (left) with US President Donald Trump at Joint Base Elmendorf-Richardson in Anchorage, Alaska in August last year.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global-economy-resilient-no-room-complacency-imf-committee-head-says-amid-russia-tensions</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T10:39:13+08:00</news:publication_date>
      <news:title>Global economy resilient but ‘no room for complacency’, IMF committee head says amid Russia tensions</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/bbc427a0e8f9f036aede48336205d3ae83f04853d32ba4ea7f01628ebc5087a4</image:loc>
      <image:title>International Monetary and Financial Committee chair Mohammed Al-Jadaan (left) and IMF managing director Kristalina Georgieva in Bangkok on Oct 17.</image:title>
      <image:caption>International Monetary and Financial Committee chair Mohammed Al-Jadaan (left) and IMF managing director Kristalina Georgieva in Bangkok on Oct 17.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/ai-funding-fears-puncture-rally-asias-high-flying-picks-and-shovels-stocks</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T09:49:30+08:00</news:publication_date>
      <news:title>AI funding fears puncture rally in Asia’s high-flying picks-and-shovels stocks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/bdc1e2272fd97275410e0ff843adc6263d7fbfb5f0f2c87bd11f2bd47de59c95</image:loc>
      <image:title>The stakes are particularly high for Asian equities, where the AI build-out has become a dominant investment theme.</image:title>
      <image:caption>The stakes are particularly high for Asian equities, where the AI build-out has become a dominant investment theme.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/why-killer-switch-tackle-europes-trade-issues-china-may-not-be-so-straightforward?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T09:12:30+08:00</news:publication_date>
      <news:title>Why a ‘killer switch’ to tackle Europe’s trade issues with China may not be so straightforward</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/967f56eedc7c5d69c00fbe0b180f62185d1531fe5c3af17023a8f38ee196fd7e</image:loc>
      <image:title>China has volunteered to cut by almost half its exports of electric vehicles to Europe in a recent trade deal.</image:title>
      <image:caption>China has volunteered to cut by almost half its exports of electric vehicles to Europe in a recent trade deal.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/limits-chinas-trade-concessions-europe?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T09:00:00+08:00</news:publication_date>
      <news:title>The limits of China’s trade concessions to Europe</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e36aa15738560c0adcaf9ad7667a8cba8229d0df11c7850708666bf7b8ebd8ac</image:loc>
      <image:title>An &quot;In Europe For Europe&quot; sign beside an XPeng EV at the Paris Motor Show in Paris, France, on Oct 13.</image:title>
      <image:caption>An &quot;In Europe For Europe&quot; sign beside an XPeng EV at the Paris Motor Show in Paris, France, on Oct 13.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/economy-policy/sm-lee-calls-renewed-tripartite-ties-safeguard-port-jobs-amid-ai-trade-headwinds?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-18T08:39:04+08:00</news:publication_date>
      <news:title>SM Lee calls for renewed tripartite ties to safeguard port jobs amid AI, trade headwinds</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4425e11411bf9d8041ab05f7e1099a68498f8dcfb162974b0288fa371a49f1ec</image:loc>
      <image:title>Senior Minister Lee Hsien Loong called on unions and leaders at the PSA to work with the government to help workers adapt through continuous reskilling just like in the past.</image:title>
      <image:caption>Senior Minister Lee Hsien Loong called on unions and leaders at the PSA to work with the government to help workers adapt through continuous reskilling just like in the past.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/lagarde-says-sustainable-finances-key-economic-stability</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T16:16:40+08:00</news:publication_date>
      <news:title>Lagarde says sustainable finances key for economic stability</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a97b66d6067fe0b399bdb0ca6adc5302ca276e19387f68e6aef122d9bd1599e1</image:loc>
      <image:title>ECB president Christine Lagarde says more than 30 central banks have expressed interest in the Eurosystem’s enhanced repo facility.</image:title>
      <image:caption>ECB president Christine Lagarde says more than 30 central banks have expressed interest in the Eurosystem’s enhanced repo facility.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/anthropic-pitches-ai-safety-bill-lawmakers</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T15:50:05+08:00</news:publication_date>
      <news:title>Anthropic pitches AI safety bill to lawmakers</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2b947eede83fade31c1e57d5db454b1bfdb564f88f99d6f8b7a607e80f618348</image:loc>
      <image:title>The proposal suggests the government could block the release of an AI model if it’s determined to imminently risk killing or injuring more than 50 people.</image:title>
      <image:caption>The proposal suggests the government could block the release of an AI model if it’s determined to imminently risk killing or injuring more than 50 people.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/us-posts-us1-99-trillion-budget-gap-2026-spending-rise</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T15:34:47+08:00</news:publication_date>
      <news:title>US posts US$1.99 trillion budget gap for 2026 on spending rise</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/be2bc175d652d7c8f388561056e4cc57f4bd873aa876c81868bce131a86164d4</image:loc>
      <image:title>Treasury Secretary Scott Bessent has singled out tariff refunds as a key to the wider deficit. </image:title>
      <image:caption>Treasury Secretary Scott Bessent has singled out tariff refunds as a key to the wider deficit. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/foreign-holdings-us-treasuries-rise-almost-1-year-low</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T15:15:02+08:00</news:publication_date>
      <news:title>Foreign holdings of US Treasuries rise from almost 1-year low</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c2cd5677c6454abee3329b56f5addb45a09d717eecc04aad72bbc75d04b2dcd1</image:loc>
      <image:title>Overseas holdings have climbed more than US$83 billion from July.</image:title>
      <image:caption>Overseas holdings have climbed more than US$83 billion from July.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/big-us-bank-stocks-log-worst-weekly-losing-streak-2008</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T14:31:20+08:00</news:publication_date>
      <news:title>Big US bank stocks log worst weekly losing streak since 2008</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1b5cbe8e1f3604b9c15b93b6173aaac2b20e9d2badbb9c8079ee969be0606627</image:loc>
      <image:title>Citigroup, State Street, Bank of America and Morgan Stanley are among the worst performers on the gauge.</image:title>
      <image:caption>Citigroup, State Street, Bank of America and Morgan Stanley are among the worst performers on the gauge.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/apple-says-iphone-duo-demand-extraordinary-after-delivery-delays</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T13:16:42+08:00</news:publication_date>
      <news:title>Apple says iPhone Duo demand extraordinary after delivery delays</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4ad741cbefe2dda9191607ddf3bf7fef079b9ddbb74f0c41ac2f9c079512ed0d</image:loc>
      <image:title>iPhone Duo is the first foldable iPhone.</image:title>
      <image:caption>iPhone Duo is the first foldable iPhone.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/chinese-stocks-turn-biggest-losers-global-ai-trade-stumbles</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T12:11:03+08:00</news:publication_date>
      <news:title>Chinese stocks turn biggest losers as global AI trade stumbles</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6479c69f2a35a3a6e20e0f7ec572ac32a3a16131be7c72625ef82c8361e6b88c</image:loc>
      <image:title>Enthusiasm has since unravelled as scrutiny of future demand and earnings prospects hit Chinese stocks the hardest.</image:title>
      <image:caption>Enthusiasm has since unravelled as scrutiny of future demand and earnings prospects hit Chinese stocks the hardest.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/travel-platform-klook-technology-files-withdraw-us-listing</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T11:14:32+08:00</news:publication_date>
      <news:title>Travel platform Klook Technology files to withdraw US listing</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4b25ee6ca6f05a5c1901c73475978ed43ee8bb126ea22081305057079d24dfbe</image:loc>
      <image:title>Klook offers bookings for tours, attractions, transport and other travel experiences across a wide range of locations globally.</image:title>
      <image:caption>Klook offers bookings for tours, attractions, transport and other travel experiences across a wide range of locations globally.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/eu-carmakers-hail-deal-emissions-opens-door-uk</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T10:35:16+08:00</news:publication_date>
      <news:title>EU carmakers hail deal on emissions that opens door to the UK</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/85754dd93b813536147b54ede6e8a6fbd55d9e21ae5ed1f60e6d1c21dbd339dd</image:loc>
      <image:title>Stellantis welcomes the agreement as “an important step toward finalising the European automotive package”.</image:title>
      <image:caption>Stellantis welcomes the agreement as “an important step toward finalising the European automotive package”.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/global-hedge-funds-hammered-ai-sell-week-asia-managers-lead-losses</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T09:53:34+08:00</news:publication_date>
      <news:title>Global hedge funds hammered by AI sell-off this week, Asia managers lead losses</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/41980b9af913704fc1259a320d1c5d2cbdad6640b860febdfd4effe077d4221a</image:loc>
      <image:title>AI-related technology stocks including CoreWeave are under renewed pressure.</image:title>
      <image:caption>AI-related technology stocks including CoreWeave are under renewed pressure.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/oil-touches-us110-barrel-first-time-may-middle-east-russia-supply-fears</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T09:06:56+08:00</news:publication_date>
      <news:title>Oil touches US$110 a barrel for first time since May on Middle East, Russia supply fears</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7d9a2b2f5ddf20c92fce301191e480237272ae8b5d85f670c078994ca8d01d12</image:loc>
      <image:title>Energy Aspects says WTI and Brent have reversed earlier losses amid rumours of attacks on Saudi energy infrastructure.</image:title>
      <image:caption>Energy Aspects says WTI and Brent have reversed earlier losses amid rumours of attacks on Saudi energy infrastructure.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/europe-shares-close-out-best-week-june-earnings-soften-blow-tech-sell</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T08:28:58+08:00</news:publication_date>
      <news:title>Europe: Shares close out best week since June as earnings soften blow from tech sell-off</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77</image:loc>
      <image:title>The pan-European Stoxx 600 index rises 0.7% to 644.74 points.</image:title>
      <image:caption>The pan-European Stoxx 600 index rises 0.7% to 644.74 points.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/us-stocks-wall-street-ends-down-sharply-worries-about-ai-trade-high-oil-prices-weigh</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T08:18:53+08:00</news:publication_date>
      <news:title>US stocks: Wall Street ends down sharply; worries about AI trade, high oil prices weigh</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5a0e3c42838caa1e116b6715104f40678411ad1c7b6a6adeefcb4dd4a53fa17a</image:loc>
      <image:title>image of wall street</image:title>
      <image:caption>The Nasdaq has extended losses from earlier in the week.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/ferraris-s2-1-million-ev-trips-light-fantastic?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T07:00:00+08:00</news:publication_date>
      <news:title>Ferrari’s S$2.1 million EV trips the light fantastic</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/37023750605595d33b287b5c06e7737b1d757e5621f46e148555b4d713f98314</image:loc>
      <image:title>On the Ferrari Luce, Emanuele Carando, global head of product marketing, says: “We didn’t want to make a copycat of what we already had.”</image:title>
      <image:caption>On the Ferrari Luce, Emanuele Carando, global head of product marketing, says: “We didn’t want to make a copycat of what we already had.”</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/2026-bmw-i7-review-buyers-bmws-flagship-have-one-surprising-trait?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-17T07:00:00+08:00</news:publication_date>
      <news:title>2026 BMW i7 review: Buyers of BMW’s flagship have one surprising trait</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c61556af070d5c58f7fe5332e6ef0e012b37cc17f57353e955458adc680a123d</image:loc>
      <image:title>The i7 50 xDrive gets BMW’s latest-generation battery cells, which stretch the claimed range to 728 km on a good day.</image:title>
      <image:caption>The i7 50 xDrive gets BMW’s latest-generation battery cells, which stretch the claimed range to 728 km on a good day.</image:caption>
    </image:image>
  </url>
</urlset>