<?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/european-shares-edge-higher-strong-earnings-offset-french-unrest-worries</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T06:00:36+08:00</news:publication_date>
      <news:title>European shares edge higher as strong earnings offset French unrest worries</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a3149005856641743256efd978de14bf2869e3e8a511e69fe832a4df67b091af</image:loc>
      <image:title>The pan-European Stoxx 600 index was up 0.24% at 640.20 points by 0841 GMT.</image:title>
      <image:caption>The pan-European Stoxx 600 index was up 0.24% at 640.20 points by 0841 GMT.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/nasdaq-leads-wall-street-gains-spacex-super-micro-boost-ai-sentiment</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-22T05:50:49+08:00</news:publication_date>
      <news:title>Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/170ebe51baf7a3a054ee96aba514078573a585ad71765ceea917b81476cbed94</image:loc>
      <image:title>The developments provided reassurance to investors about the sustainability of massive spending on AI buildouts and their profitability.  </image:title>
      <image:caption>The developments provided reassurance to investors about the sustainability of massive spending on AI buildouts and their profitability.  </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/fct-turn-causeway-points-former-cinema-space-reading-hub-mall-revamp?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>2026-10-22T05:00:00+08:00</news:publication_date>
      <news:title>FCT to turn Causeway Point’s former cinema space into reading hub in mall revamp</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6cf7345f9cae13d80a79893940073793e245252e17e67cc3f2a634f7e84b315f</image:loc>
      <image:title>The HomePage @ Causeway Point is being developed with the National Library &amp; Archives Board.</image:title>
      <image:caption>The HomePage @ Causeway Point is being developed with the National Library &amp; Archives Board.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/government-websites-europe-go-dark-software-flaw-sparks-security-scramble</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T22:50:06+08:00</news:publication_date>
      <news:title>Government websites in Europe go dark as software flaw sparks security scramble</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/39114c2aa63fe559d18d5d4acc5d9c0780e9cf8d5e666999e7dc8f824562ccef</image:loc>
      <image:title>A screen displays the unavailable Dutch government website after developers of the PHP programming language said they had identified two critical vulnerabilities.</image:title>
      <image:caption>PHP underpins large parts of the Internet, raising concerns that a significant number of websites could be vulnerable to attack.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/netflix-slides-weak-outlook-deepens-worries-viewership-revenue-growth</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T22:13:44+08:00</news:publication_date>
      <news:title>Netflix slides as weak outlook deepens worries on viewership, revenue growth</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a38b48d88dc581301c5a05cc44866bedb80735c146c541bb3e2e7bce142b380f</image:loc>
      <image:title>In a post-earnings call, Co-CEO Ted Sarandos acknowledged that the company “could do better.”</image:title>
      <image:caption>In a post-earnings call, Co-CEO Ted Sarandos acknowledged that the company “could do better.”</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-opens-higher-spacex-super-micro-results-lift-ai-stocks</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T22:03:57+08:00</news:publication_date>
      <news:title>Wall Street opens higher as SpaceX, Super Micro results lift AI stocks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/326c9a0b87ad1d415716b59ff37fdbad96aadb14fdc48cfb83e9afc6e75f9e21</image:loc>
      <image:title>The Dow Jones Industrial Average rose 157.0 points, or 0.3 per cent, at the open to 52,652.85 on Wednesday.</image:title>
      <image:caption>The Dow Jones Industrial Average rose 157.0 points, or 0.3 per cent, at the open to 52,652.85 on Wednesday.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/openai-expands-chatgpt-ads-26-more-countries-bid-boost-revenue</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T21:28:26+08:00</news:publication_date>
      <news:title>OpenAI expands ChatGPT ads to 26 more countries in bid to boost revenue</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/68f3d5b43d5ba99359d76ca192c85d07fd244a24c4019a0651f3f242a05b386e</image:loc>
      <image:title>Ads will appear only on ChatGPT’s Free and Go plans, while Plus, Pro and Enterprise subscriptions will remain ad-free.</image:title>
      <image:caption>Ads will appear only on ChatGPT’s Free and Go plans, while Plus, Pro and Enterprise subscriptions will remain ad-free.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/french-supermarket-hack-exposes-cyber-vulnerabilities-retail</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T21:22:51+08:00</news:publication_date>
      <news:title>French supermarket hack exposes cyber vulnerabilities in retail</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/00d76331e756f362e5948f58470b9fc2de7e5927ce1e9f50bf17045f592849ab</image:loc>
      <image:title>Packages of perished goods are seen outside an Intermarche supermarket in Paris after a cyberattack. The disruption affected 700 stores, including those from the Intermarche, Cooperative U and Carrefour chains.</image:title>
      <image:caption>The disruption hit 700 stores, including those from Intermarche, Cooperative U and Carrefour.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/greenback-holds-steady-middle-east-tensions-simmer-oil-rises?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>2026-10-21T20:52:53+08:00</news:publication_date>
      <news:title>Greenback holds steady as Middle East tensions simmer, oil rises</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/cb6c98f15f8e26ec0c4b9e74d45bdfb1af8fea7e0d4b056cb60333472eee9cbf</image:loc>
      <image:title>Bank of Japan deputy governor Ryozo Himino said underlying inflation was close to the central bank’s 2% target.</image:title>
      <image:caption>Bank of Japan deputy governor Ryozo Himino said underlying inflation was close to the central bank’s 2% target.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/lhn-expands-eldercare-senior-living-concept-jubiliv?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>2026-10-21T20:38:16+08:00</news:publication_date>
      <news:title>LHN expands into eldercare with senior living concept Jubiliv</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ea9250c9ebaa71a8510fbab91eb93b0a9100c084e5747613543d392cac316457</image:loc>
      <image:title>Jubiliv is aimed at bridging the gap between nursing homes and premium assisted-living facilities in Singapore.</image:title>
      <image:caption>Jubiliv is aimed at bridging the gap between nursing homes and premium assisted-living facilities in Singapore.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidia-ceo-huang-pitches-europe-adopt-ai-all-industries</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T20:16:29+08:00</news:publication_date>
      <news:title>Nvidia CEO Huang pitches Europe to adopt AI in all industries</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/15db2dbd3091a0e47c39de9d580269fd6ee6d5a0bf7a21277eb1210d6f2b46b8</image:loc>
      <image:title>Nvidia CEO Jensen Huang delivers the keynote address at a company conference in Berlin, Germany, Oct 21, 2026.</image:title>
      <image:caption>Nvidia CEO Jensen Huang delivers the keynote address at a company conference in Berlin, Germany, Oct 21, 2026.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/singapores-eqdp-attracts-more-s1-private-capital-every-public-dollar-invested-chee-hong-tat?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>2026-10-21T20:07:27+08:00</news:publication_date>
      <news:title>Singapore’s EQDP attracts more than S$1 in private capital for every public dollar invested: Chee Hong Tat</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d44f7e45d152cfd08f68d96c2691f37862f6ac69ebf4d41822bb55c3c9bc1710</image:loc>
      <image:title>Singapore’s National Development Minister Chee Hong Tat speaks at the the 2026 Investors’ Choice Awards by the Securities Investors Association (Singapore).</image:title>
      <image:caption>National Development Minister Chee Hong Tat says that even as markets go through cycles, “what matters is that we stay focused on rebuilding broader and deeper capabilities over the medium to longer term”.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/bt-journalists-clinch-double-win-sias-awards-financial-journalism?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>2026-10-21T20:00:00+08:00</news:publication_date>
      <news:title>BT journalists clinch double win at Sias awards for financial journalism</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/193cffac4e148e9ec5b8b102e80bcb8b41ca43877439f94c2c186c2c89147d9e</image:loc>
      <image:title>The Business Times senior correspondent Stanislaus Jude Chan (right) was named Financial Journalist of the Year; journalist Young Zhan Heng was awarded Most Promising Journalist of the Year at the 2026 Investors’ Choice Awards by the Securities Investors Association (Singapore), or Sias.</image:title>
      <image:caption>Journalist Young Zhan Heng (left) was awarded Most Promising Journalist of the Year; senior correspondent Stanislaus Jude Chan was named Financial Journalist of the Year.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/reits-property/oue-reits-q3-npi-rises-4-6-s59-6-million-hospitality-strength?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>2026-10-21T20:00:00+08:00</news:publication_date>
      <news:title>OUE Reit’s Q3 NPI rises 4.6% to S$59.6 million on hospitality strength</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/fe0675dc8bea8c56bc65c621cd77fae908abced877ca567c1c667279008cff3a</image:loc>
      <image:title>Revenue from the commercial segment, comprising office and retail properties, falls 2.8% to S$42.4 million.</image:title>
      <image:caption>Revenue from the commercial segment, comprising office and retail properties, falls 2.8% to S$42.4 million.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/singapore-update-restructuring-and-insolvency-framework-better-serve-economy-businesses?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>2026-10-21T18:58:45+08:00</news:publication_date>
      <news:title>Singapore to update restructuring and insolvency framework to better serve economy, businesses</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f2cdc181292a6c482fe3e25452d90ed29636acf3643620f05c8e150d4ab8e034</image:loc>
      <image:title>Minister Edwin Tong said that premature liquidation can destroy value and that financial distress does not necessarily mean a business is no longer viable. </image:title>
      <image:caption>Minister Edwin Tong said that premature liquidation can destroy value and that financial distress does not necessarily mean a business is no longer viable. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/pek-chuan-building-lavender-street-be-sold-s80-7-million?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T18:47:50+08:00</news:publication_date>
      <news:title>Pek Chuan Building in Lavender Street to be sold for S$80.7 million</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6b731f6ba558dc1a592d9043ba3576ff2b793ac6f9eb410926e2d4a0ffd51c0f</image:loc>
      <image:title>The 99-year leasehold Pek Chuan Building in Lavender Street.</image:title>
      <image:caption>The 99-year leasehold Pek Chuan Building in Lavender Street is within close proximity of the Lavender and Bendemeer MRT stations.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-212?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>2026-10-21T18:45:00+08:00</news:publication_date>
      <news:title>Daily Debrief: What Happened Today (Oct 21)</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/65d0d9a2357159d815fca240f69774b75b211bf2a0c2856849600cf9f10303d0</image:loc>
      <image:title>Toxic smoke from fires in Sumatra and Kalimantan in Indonesia has blanketed wide swathes of South-east Asia for weeks.</image:title>
      <image:caption>Toxic smoke from fires in Sumatra and Kalimantan in Indonesia has blanketed wide swathes of South-east Asia for weeks.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/malaysias-cimb-explores-taking-indonesian-arm-private-amid-market-volatility?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>2026-10-21T18:30:16+08:00</news:publication_date>
      <news:title>Malaysia’s CIMB explores taking Indonesian arm private amid market volatility</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/770a048b90225fcc5b1447d989bff69fd3ca619267140ad9d71a2a71b3b78972</image:loc>
      <image:title>CIMB Niaga had total assets of 382 trillion rupiah as at Jun 30. Its market capitalisation stood at about 37.8 trillion rupiah in mid-October.</image:title>
      <image:caption>CIMB Niaga had total assets of 382 trillion rupiah as at Jun 30. Its market capitalisation stood at about 37.8 trillion rupiah in mid-October.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-end-higher-led-gains-local-banks-sti-0-6?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>2026-10-21T18:26:18+08:00</news:publication_date>
      <news:title>Singapore shares end higher, led by gains in local banks; STI up 0.6%</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6629227afa3727429284699ed1a61cd36943abfb2f69d90275f5c4809d3019f9</image:loc>
      <image:title>Across the broader market, gainers beat losers 334 to 214, after 965.2 million securities worth S$1.8 billion change hands.</image:title>
      <image:caption>Across the broader market, gainers beat losers 334 to 214, after 965.2 million securities worth S$1.8 billion change hands.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/strengthen-customer-ties-ai-changes-hotel-booking-behaviour-far-east-hospitality-global-hotel?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>2026-10-21T18:13:24+08:00</news:publication_date>
      <news:title>Strengthen customer ties as AI changes hotel-booking behaviour: Far East Hospitality, Global Hotel Alliance</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0c550e5d92846fcf2e3eceafb28c52f7d2f549f3acc7e0b67ca59bd7252a6dc3</image:loc>
      <image:title>Chris Hartley, CEO of Global Hotel Alliance (left), with Mark Rohner, managing director of Far East Hospitality. Both want higher visibility in AI searches.</image:title>
      <image:caption>Chris Hartley, CEO of Global Hotel Alliance (left), with Mark Rohner, managing director of Far East Hospitality. Both want higher visibility in AI searches.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/ocbc-add-ringgit-singapore-based-savings-accounts-oct-23?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>2026-10-21T17:48:33+08:00</news:publication_date>
      <news:title>OCBC to add ringgit to Singapore-based savings accounts from Oct 23</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/cb0e09ef404cf1664e7bc993bbb4fa622f9e904ee49aac1626781199dc4b24f2</image:loc>
      <image:title>The OCBC app seen against Singapore dollars and the Malaysian ringgit.</image:title>
      <image:caption>OCBC says the new offering will allow customers to convert their money when exchange rates are favourable.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/cat-premium-rises-s132004-first-tender-after-coe-review-announced-cat-b-climbs-s131901?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>2026-10-21T17:43:57+08:00</news:publication_date>
      <news:title>Cat A premium rises to S$132,004 in first tender after COE review announced; Cat B climbs to S$131,901</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/cebd703b2fb96cefde5d6f4acffb5ae207f0fff3bd97e55c4a62beb5092548ca</image:loc>
      <image:title>The rise in premiums for categories A and B in the latest bidding exercise comes after a price dip in the last two rounds.</image:title>
      <image:caption>The rise in premiums for categories A and B in the latest bidding exercise comes after a price dip in the last two rounds.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/haze-clouds-indonesias-growth-economists-see-breathing-room-malaysia-and-singapore?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T17:28:01+08:00</news:publication_date>
      <news:title>Haze clouds Indonesia’s growth, but economists see breathing room for Malaysia and Singapore</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/532f2834368c70bc3a07a424f19878091b01a17215a135a782d1c33fb3ee3adc</image:loc>
      <image:title>Haze in Ketapang, West Kalimantan province, Indonesia. Toxic smoke from fires in Sumatra and Kalimantan in Indonesia has blanketed wide swathes of South-east Asia for weeks.</image:title>
      <image:caption>Toxic smoke from fires in Sumatra and Kalimantan in Indonesia has blanketed wide swathes of South-east Asia for weeks.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/buying-weapons-can-harm-countrys-economy?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>2026-10-21T17:00:00+08:00</news:publication_date>
      <news:title>Buying weapons can harm a country’s economy</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8c651d06fc172c5b5ed9a7ccd62ab7a94034bbdfa9bc643436ee7c8a082e631f</image:loc>
      <image:title>There is good evidence that a surge in arms imports tends to increase the risk and intensity of future wars.</image:title>
      <image:caption>There is good evidence that a surge in arms imports tends to increase the risk and intensity of future wars.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/us-single-family-housing-starts-drop-4-6-859000-september</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T16:45:37+08:00</news:publication_date>
      <news:title>US single-family housing starts drop 4.6% to 859,000 in September</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/50723eb8d11b40f2c51f8b1c3516a166aae3a08f6724f580b9d62a1411fcd6ab</image:loc>
      <image:title>Slumping sales have led to a glut of new unsold houses on the market, further reducing the incentive for developers to break ground on new single-family housing projects.</image:title>
      <image:caption>Slumping sales have led to a glut of new unsold houses on the market, further reducing the incentive for developers to break ground on new single-family housing projects.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/gic-temasek-deny-allegations-pressuring-msci-downgrade-indonesia?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>2026-10-21T16:25:04+08:00</news:publication_date>
      <news:title>GIC, Temasek deny allegations of pressuring MSCI to downgrade Indonesia</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8210fc78771c87947ad78de64e0ab03948b5777e2703d80d3569a34394838ac9</image:loc>
      <image:title>The GIC logo. The Singapore sovereign wealth fund has invested in Indonesia for more than 30 years.</image:title>
      <image:caption>GIC has invested in Indonesia for more than 30 years.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/taiwans-competition-watchdog-quashes-grabs-acquisition-foodpanda-taiwan</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T16:17:46+08:00</news:publication_date>
      <news:title>Taiwan’s competition watchdog quashes Grab’s acquisition of foodpanda in Taiwan</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7678b27430f4d127faeb06f889a1b4c6bc1be22846f2bd33dcbc6ecda618ae4c</image:loc>
      <image:title>The competition watchdog said the harm to competition from the proposed deal outweighed its overall economic benefits.</image:title>
      <image:caption>The competition watchdog said the harm to competition from the proposed deal outweighed its overall economic benefits.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/close-and-personal-francis-yeoh-wee-teng-wen-loh-lik-peng-btluxe-edit-conference?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>2026-10-21T16:00:00+08:00</news:publication_date>
      <news:title>Up close and personal with Francis Yeoh, Wee Teng Wen, Loh Lik Peng at BTLuxe Edit conference</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3b99429b3fc4f96cf1dbbb4678ba401ea785573cc2fee3866fd2aa91b7c2cbeb</image:loc>
      <image:title>Top row (L-R): Chan Soo Khian of SCDA Architects; Yeoh Pei Xien of YTL Hotels; Sashi Rajan of JLL; Jien Goh of WGSN.
Middle row (L-R): Francis Yeoh of YTL Corp; Ashish Manchharam of Elevate Capital; Sandy Assakul of Baan Trok Tua Ngork; Wee Teng Wen of Lo &amp; Behold.
Bottom Row (L-R): Art collector Audrey Koh; Jasmine Prasetio of Sotheby’s; Loh Lik Peng of Unlisted Collection; Ravi Thakran of DIAFA.</image:title>
      <image:caption>The BTLuxe Edit – Future:Legacy offers an afternoon of conversation about luxury.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/enterprisesg-commit-over-s45-million-help-manufacturers-adopt-ai-solutions?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>2026-10-21T15:46:00+08:00</news:publication_date>
      <news:title>EnterpriseSG to commit over S$45 million to help manufacturers adopt AI solutions</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5ec60167e864dda327a20a97e58287b2ac3c530e051f14dd10d3f7cbe6fac139</image:loc>
      <image:title>Minister of State for Energy, Trade and Industry Gan Siow Huang speaks at the relaunch of Industrial Transformation Asia-Pacific (ITAP).</image:title>
      <image:caption>Minister of State for Energy, Trade and Industry Gan Siow Huang wants AI to be accessible to both large manufacturers and SMEs.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/indonesias-central-bank-keeps-main-rate-unchanged-hikes-deposit-facility-rate-cut-rrr</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T15:23:38+08:00</news:publication_date>
      <news:title>Indonesia’s central bank keeps main rate unchanged but hikes deposit facility rate, to cut RRR</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/822bc9aa7ba03ab5825f740e4dcee3aed50ee3efd58e49af9f1509f8add1017f</image:loc>
      <image:title>BI governor Destry Damayanti says the hold “is consistent with the strategy to stabilise the rupiah amid persistent external pressures”, to promote economic growth and to achieve an inflation target of 1.5% to 3.5%.</image:title>
      <image:caption>BI governor Destry Damayanti says the hold “is consistent with the strategy to stabilise the rupiah amid persistent external pressures”, to promote economic growth and to achieve an inflation target of 1.5% to 3.5%.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/tiffany-japan-building-faces-30-price-cut-debt-costs-rise</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T15:16:40+08:00</news:publication_date>
      <news:title>Tiffany Japan building faces 30% price cut as debt costs rise</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7e36c475a0d5de127e1868045164e8a9d025907b08ae2e8f7e12f4744a3ff9da</image:loc>
      <image:title>Commercial real estate investment in Japan rose 2% in H1 2026, but return expectations for prime properties in Tokyo plunged to a record low, said CBRE. </image:title>
      <image:caption>Commercial real estate investment in Japan rose 2% in H1 2026, but return expectations for prime properties in Tokyo plunged to a record low, said CBRE. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/ambanis-jio-seeks-indias-biggest-ipo-us108-billion-valuation-will-investors-bite?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>2026-10-21T15:15:20+08:00</news:publication_date>
      <news:title>Ambani’s Jio seeks India’s biggest IPO at a US$108 billion valuation. Will investors bite?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0953272155cb93efe0397f05dce838591c1fe70584bbe99963d52b1fa945ab0f</image:loc>
      <image:title>Jio’s shares are expected to list on the National Stock Exchange and Bombay Stock Exchange on Oct 28.</image:title>
      <image:caption>Jio’s shares are expected to list on the National Stock Exchange and Bombay Stock Exchange on Oct 28.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/cyberattack-hits-indias-largest-bank-exposes-customer-records</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T14:49:27+08:00</news:publication_date>
      <news:title>Cyberattack hits India’s largest bank, exposes customer records</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f4d8160118f68760c7cabc2970dd3abe0a66ea9a6c269aee97b52b0030c50465</image:loc>
      <image:title>SBI says a detailed probe is under way to determine the potential source and extent of the exposure, and assess the risks to customers and the bank.</image:title>
      <image:caption>SBI says a detailed probe is under way to determine the potential source and extent of the exposure, and assess the risks to customers and the bank.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/uk-inflation-picks-more-expected-3-5-september</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T14:43:58+08:00</news:publication_date>
      <news:title>UK inflation picks up more than expected to 3.5% in September</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/931e4a13b18ec4843e0dc72b30c0f6b72101a1e5234095fbe92dea7b6c1de770</image:loc>
      <image:title>Households are expected to get further support when finance minister John Healey announces his first budget next week.</image:title>
      <image:caption>Households are expected to get further support when finance minister John Healey announces his first budget next week.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/ambanis-jio-ipo-oversubscribed-within-hours-record-indian-sale</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T14:27:27+08:00</news:publication_date>
      <news:title>Ambani‘s Jio IPO oversubscribed within hours in record Indian sale</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1e9a149f895c014077d463e169d4286e7ee75e21ac0a0e66b8f0c3fa2a074391</image:loc>
      <image:title>Institutional investors swarmed to book their orders, covering their allotted tranche in 10 minutes, while the overall book was filled within 100 minutes.</image:title>
      <image:caption>Institutional investors swarmed to book their orders, covering their allotted tranche in 10 minutes, while the overall book was filled within 100 minutes.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/arts-design/art-basel-paris-preview-draws-interest-under-shadow-protests</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T14:23:09+08:00</news:publication_date>
      <news:title>Art Basel Paris preview draws interest under shadow of protests</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2bd4392794f8bc321d2faad73d781c56b8e58fccdc012e21021d79fb47ff4dbe</image:loc>
      <image:title>Visitors to the Art Basel preview at the Grand Palais in Paris. Art Basel Paris’ Avant-Premiere preview attracted major collectors despite an escalation of protests, riots and looting across French cities.</image:title>
      <image:caption>Art Basel Paris’ Avant-Premiere preview attracted major collectors despite an escalation of protests, riots and looting across French cities.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/esg/un-sees-higher-global-warming-even-best-case-scenario</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T14:00:53+08:00</news:publication_date>
      <news:title>UN sees higher global warming, even in best-case scenario</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6f9added707bd638db05d313f65ea3e786dcd77455372efb2dd7abe93355fbb7</image:loc>
      <image:title>Women watch the wildfire that destroyed their home in the La Sorrueda palm grove in Santa Lucia de Tirajana. “Urgent and stringent” cuts are still needed to achieve the UN’s best-case outcome for global warming.</image:title>
      <image:caption>“Urgent and stringent” cuts are still needed to achieve the United Nations’ best-case outcome for global warming.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/when-corporate-efficiency-becomes-economic-risk</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T14:00:00+08:00</news:publication_date>
      <news:title>When corporate efficiency becomes an economic risk</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3b0de3755cc2cbe581e97435a962b10d3d9c1e459d2d40c5e23e98547b8529f9</image:loc>
      <image:title>Pedestrians outside the Nasdaq MarketSite in New York.</image:title>
      <image:caption>If AI concentrates returns among those who own or can harness tech and capital, while weakening opportunities for others, inequality could become an economic frailty.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/chinas-moonshot-ai-operate-singapore-jobs-post-shows</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T13:27:28+08:00</news:publication_date>
      <news:title>China&apos;s Moonshot AI to operate in Singapore, jobs post shows</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/967066f0679e1dec31691ac672a0d64be7fae9291b0345149908c0035ecabe34</image:loc>
      <image:title>The job posting seeks applicants with sales, venture capital, consulting, product or engineering experience.  </image:title>
      <image:caption>The job posting seeks applicants with sales, venture capital, consulting, product or engineering experience.  </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/south-east-asia-digital-economy-hit-us368-billion-gmv-2026-us1-1-trillion-2035-report?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T13:17:29+08:00</news:publication_date>
      <news:title>South-east Asia digital economy to hit US$368 billion GMV in 2026, US$1.1 trillion in 2035: report</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b57adb9dd3c5b39630fc0f44c8b529c53258eb6573846367bb45514235c6c2d4</image:loc>
      <image:title>The Singapore skyline. Singapore leads South-east Asia in consumer tokens per GenAI user, weekly GenAI users and GenAI penetration.</image:title>
      <image:caption>Singapore leads South-east Asia in consumer tokens per GenAI user, weekly GenAI users and GenAI penetration.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/why-would-musk-merge-spacex-and-tesla</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T13:14:48+08:00</news:publication_date>
      <news:title>Why would Musk merge SpaceX and Tesla?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/de8b0dd5e63654fb64906deb9823eebf5039e7fbf878c79602ac1e7cca4b0e9b</image:loc>
      <image:title>Musk has long argued he needs greater influence over Tesla to pursue its AI and robotics strategy. A merger could consolidate his influence.</image:title>
      <image:caption>Musk has long argued he needs greater influence over Tesla to pursue its AI and robotics strategy. A merger could consolidate his influence.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/dayone-said-weigh-options-including-delay-size-cut-us-ipo-after-data-centre-rout</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T12:28:29+08:00</news:publication_date>
      <news:title>DayOne said to weigh options including delay, size cut for US IPO after data-centre rout</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c58bfd8672bafcf0d8840a7d40142dd97f2d6025b3cc6f78deb1828df46f5970</image:loc>
      <image:title>DayOne&apos;s backers include Coatue and Hillhouse.</image:title>
      <image:caption>DayOne&apos;s backers include Coatue and Hillhouse.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/cost-keeping-hong-kong-and-singapore-financially-open</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T12:00:00+08:00</news:publication_date>
      <news:title>The cost of keeping Hong Kong and Singapore financially open</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ddf6e7779e1aed2e938f778ef81774ae48ae4cd144ae13d30c7c41d4e49a6e38</image:loc>
      <image:title>For banks, checking whether a payment carries sanctions risk is costly, partly because warning signs can be difficult to interpret.</image:title>
      <image:caption>For banks, checking whether a payment carries sanctions risk is costly, partly because warning signs can be difficult to interpret.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/malaysias-co-working-operator-worq-confident-it-can-keep-its-40-growth-rate?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>2026-10-21T12:00:00+08:00</news:publication_date>
      <news:title>Malaysia’s co-working operator Worq is confident it can keep up its 40% growth rate </news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/9753334be2a82ecc53d9fb35d7dc718e1c46a4e85c03580de0bcc204dde536f4</image:loc>
      <image:title>Co-founders Stephanie Ping (left) and Andrew Yeow believe external factors, such as MNCs’ interest in setting up in Malaysia, can help Worq maintain its growth momentum.</image:title>
      <image:caption>Co-founders Stephanie Ping (left) and Andrew Yeow believe external factors, such as MNCs’ interest in setting up in Malaysia, can help Worq maintain its growth momentum.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/south-east-asia-digital-sales-rise-17-us368-billion-2026-research-shows</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T11:52:55+08:00</news:publication_date>
      <news:title>South-east Asia digital sales to rise 17% to US$368 billion in 2026, research shows</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e5882df0e5eda744f390f8b53820f453ae1bd5a91cee94df9b1e8e49362b6040</image:loc>
      <image:title>The total value of goods and services sold on digital platforms is set to grow by 13% annually and reach US$1.14 trillion by 2035, says report.</image:title>
      <image:caption>The total value of goods and services sold on digital platforms is set to grow by 13% annually and reach US$1.14 trillion by 2035, says report.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/reits-property/positive-pivot-or-premature-analysts-split-keppel-reits-s610-9-million-buy?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T11:35:28+08:00</news:publication_date>
      <news:title>Positive pivot or premature? Analysts split on Keppel Reit’s S$610.9 million buy</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/21cd75a8f38a3cd20ad9159e645ebcf2deffbab3eecd59b69e2657cbb4425172</image:loc>
      <image:title>image of keppel south central</image:title>
      <image:caption>Keppel Reit’s manager is proposing to acquire a 51% interest in the newly completed 33-storey Keppel South Central.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/will-monee-ipo-spinoff-fatten-wallets-sea-investors-dbs-weighs?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T11:30:14+08:00</news:publication_date>
      <news:title>Will Monee IPO spinoff fatten the wallets of Sea investors? DBS weighs in</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/23244f026fddab601fea959ba69fff63a42ccc8b4314a925b2a4712db5236aa8</image:loc>
      <image:title>The reception area at Sea’s digital finance headquarters in Singapore.</image:title>
      <image:caption>Monee could be valued at between US$18 billion and US$22 billion, notes DBS.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/banking-finance/dbs-paylah-rolls-out-qr-payments-taiwan?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>2026-10-21T11:25:29+08:00</news:publication_date>
      <news:title>DBS PayLah! rolls out QR payments in Taiwan</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/59a0de9e730e5883e2b37f5d3a8225d42ee001b7f9463ac4322012ecf93a66a4</image:loc>
      <image:title>Users can scan an eligible TWQR code using the PayLah! app to make payment at Taiwan merchants including night markets, eateries and shops.</image:title>
      <image:caption>Users can scan an eligible TWQR code using the PayLah! app to make payment at Taiwan merchants including night markets, eateries and shops.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/nvidia-talks-invest-more-ai-cloud-firm-firmus-after-ipo-flop-report</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T11:15:41+08:00</news:publication_date>
      <news:title>Nvidia in talks to invest more in AI cloud firm Firmus after IPO flop: report</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/98fccc2600024adfd7e9b159657aa8516eb37943855b7edb1821f31793b8c00f</image:loc>
      <image:title>Firmus scrapped an IPO, set to be one of Australia’s biggest ever, after struggling to lure global investors who have grown wary of AI firms.</image:title>
      <image:caption>Firmus scrapped an IPO, set to be one of Australia’s biggest ever, after struggling to lure global investors who have grown wary of AI firms.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korea-japan-shares-rise-asian-stocks-climb-strong-earnings-buoy-wall-street</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T10:42:27+08:00</news:publication_date>
      <news:title>South Korea, Japan shares rise; Asian stocks climb as strong earnings buoy Wall Street</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/120e437cd4156fe780aa54e7e1b31e8e72539bc78d96d673224d18604294502d</image:loc>
      <image:title>Regional shares rallied, led by a 4% gain for Korean shares as Japan’s Nikkei 225 climbed 1.3%.</image:title>
      <image:caption>Regional shares rallied, led by a 4% gain for Korean shares as Japan’s Nikkei 225 climbed 1.3%.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/olivia-lum-ex-cfo-not-giving-evidence-their-hyflux-trial?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>2026-10-21T10:37:24+08:00</news:publication_date>
      <news:title>Olivia Lum, ex-CFO not giving evidence in their Hyflux trial</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4601e98d4a04da0de375184c1faa118a189e4c2a3a2b6cb614ba4821594db2a3</image:loc>
      <image:title>Of the six charges former CEO Olivia Lum faces, four Companies Act charges have been stood down in this trial. </image:title>
      <image:caption>Of the six charges former CEO Olivia Lum faces, four Companies Act charges have been stood down in this trial. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/startups-tech/startups/propertyguru-ex-ceos-ai-health-startup-genie-health-raises-us3-million-seed-funding?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>2026-10-21T10:00:00+08:00</news:publication_date>
      <news:title>PropertyGuru ex-CEO’s AI health startup Genie Health raises US$3 million in seed funding</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4c6783747a34ff0cb786c94e9b72f6b013abc37032dc0d6308d33c28350238f8</image:loc>
      <image:title>Genie Health co-founder and CEO Hari Krishnan. He says health information needs to be democratised and made accessible.</image:title>
      <image:caption>Genie Health co-founder and CEO Hari Krishnan says health information needs to be democratised and made accessible.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinese-automaker-reports-set-shine-challenges-mount</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T09:58:58+08:00</news:publication_date>
      <news:title>Chinese automaker reports set to shine before challenges mount</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e2609bcb9efe36ca86555a781e4f1fa316a9c3e5986fb8612d6272f6fa7da711</image:loc>
      <image:title>These automakers will see growing export hurdles in the months ahead.</image:title>
      <image:caption>These automakers will see growing export hurdles in the months ahead.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-dips-fourth-session-oil-rally-fans-inflation-concerns</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T09:33:07+08:00</news:publication_date>
      <news:title>Gold dips for fourth session as oil rally fans inflation concerns</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/71d8efa6f5b22c2fadb17a8e7dc3f25aee0f26cfd35036a3bff490d0b862938f</image:loc>
      <image:title>Higher interest rates typically weigh on gold prices because they increase the opportunity cost of holding the metal, which does not pay interest.</image:title>
      <image:caption>Higher interest rates typically weigh on gold prices because they increase the opportunity cost of holding the metal, which does not pay interest.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/netflix-great-making-money-its-problem-keeping-viewers-hooked</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T09:03:27+08:00</news:publication_date>
      <news:title>Netflix is great at making money – its problem is keeping viewers hooked</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3e4efd89e06a2725f903008ede5d5de2323f1a8cd1b365ecbda828bfe2deffe4</image:loc>
      <image:title>The firm said on Oct 20 its Q3 revenue grew 12% on the year to nearly US$12.9 billion, its lowest quarterly revenue percentage growth in three years. </image:title>
      <image:caption>The firm said on Oct 20 its Q3 revenue grew 12% on the year to nearly US$12.9 billion, its lowest quarterly revenue percentage growth in three years. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/dbs-downgrades-jmsea-hold-deems-parent-jardine-matheson-better-buy?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T08:22:29+08:00</news:publication_date>
      <news:title>DBS downgrades JMSEA to ‘hold’, deems parent Jardine Matheson a better buy</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/cce38f63858f9f0192c4aec4f5aeb95012ecefcc459aedee365c4b432d493826</image:loc>
      <image:title>SGX logo seen outside the bourse.</image:title>
      <image:caption>Jardine Matheson Holdings – listed on the Singapore Exchange – has announced restructuring plans that include at least US$4 billion in capital recycling by 2030.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/stocks-watch-singtel-wee-hur?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>2026-10-21T08:22:27+08:00</news:publication_date>
      <news:title>Stocks to watch: Singtel, Wee Hur</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/25c955302fdccf7181702885a98fd119b16a771f4cceb85eadb8eb11ede01cf9</image:loc>
      <image:title>Singapore’s telecommunications regulator has imposed a S$1 million penalty on Singtel over disruptions in March.</image:title>
      <image:caption>Singapore’s telecommunications regulator has imposed a S$1 million penalty on Singtel over disruptions in March.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/super-micro-preliminary-results-top-estimates-shares-jump-12</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T07:08:39+08:00</news:publication_date>
      <news:title>Super Micro preliminary results top estimates, shares jump 12%</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/8cce8ac6530d8646e58b086fac9b0a721bab2834fee5367c152aacede94cb14b</image:loc>
      <image:title>The firm benefits from surging demand for gear to train and run AI tasks; its servers contain Nvidia chips, preferred components for most AI data centres. </image:title>
      <image:caption>The firm benefits from surging demand for gear to train and run AI tasks; its servers contain Nvidia chips, preferred components for most AI data centres. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/buybacks-vs-dividends-which-better-shareholders?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>2026-10-21T07:00:00+08:00</news:publication_date>
      <news:title>Buybacks vs dividends: Which is better for shareholders?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0052a222ae9a61e20ed4b88fcee8d23e5c8e1522116d42f9a30d5f017b35ecd4</image:loc>
      <image:title>The Singapore Exchange Group logo is displayed on a sign at the SGX Building.</image:title>
      <image:caption>Dividends distribute cash proportionately to all shareholders, while a buyback pays cash only to those who sell.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/bank-ai-resilient-singapore-property-deep-value-listed-property-groups?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>2026-10-21T07:00:00+08:00</news:publication_date>
      <news:title>Bank on AI-resilient Singapore property via deep-value listed property groups</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/978642d428f87b48888e55de87260265d282c69814641d0c6ef5733906de68a4</image:loc>
      <image:title>Even as lifestyles change because of AI, people are likely to channel much of their income and savings into owning a high-quality home.</image:title>
      <image:caption>Even as lifestyles change because of AI, people are likely to channel much of their income and savings into owning a high-quality home.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/could-japan-trigger-next-global-financial-crisis</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T07:00:00+08:00</news:publication_date>
      <news:title>Could Japan trigger the next global financial crisis?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e27f002e5782a69041f595bbf4eb599fd5c8241a0b2a6dbf47fd91fb84955b6e</image:loc>
      <image:title>Japanese yen notes</image:title>
      <image:caption>Yen appreciation can accelerate the unwinding of leveraged positions, illustrating how currency and financial stability risks can interact.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/future-economic-diplomacy-lies-beyond-multilateral-organisations</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T07:00:00+08:00</news:publication_date>
      <news:title>The future of economic diplomacy lies beyond multilateral organisations</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/39ef9626400a50073612c557303ce777599a0bba9c367f39aef1da2824cf5fc1</image:loc>
      <image:title>People approach a display of the logo of the 2026 IMF-World Bank annual meetings in Bangkok, Thailand.</image:title>
      <image:caption>Economic diplomacy must evolve beyond formal negotiations and summit declarations.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/protect-people-not-prices-how-asean3-can-build-resilience-energy-shocks</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T07:00:00+08:00</news:publication_date>
      <news:title>Protect people, not prices: How Asean+3 can build resilience to energy shocks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4efd9c4bb8642a1ec7c799c9b2d79965eb11875ca1995ba385cd578d8db9183c</image:loc>
      <image:title>Japan introduced temporary petrol price subsidies in response to spikes in energy costs.</image:title>
      <image:caption>Japan introduced temporary petrol price subsidies in response to spikes in energy costs.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/iran-strikes-more-ship-engine-rooms-ramp-hormuz-attacks</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T06:58:26+08:00</news:publication_date>
      <news:title>Iran strikes more ship engine rooms in ramp-up of Hormuz attacks</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/fdf6e7631c5dddaaf37f24bbfdcebe241e814b7c4ae5efa53983c383fcea11f0</image:loc>
      <image:title>Direct hits on engine rooms can cause fires and leave ships without power or propulsion, taking vessels out of service for months and leading to costly repairs. </image:title>
      <image:caption>Direct hits on engine rooms can cause fires and leave ships without power or propulsion, taking vessels out of service for months and leading to costly repairs. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/spacex-profit-beats-estimates-161-revenue-jump-growth-ai-satellite-internet-businesses</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T06:45:51+08:00</news:publication_date>
      <news:title>SpaceX profit beats estimates on 161% revenue jump, growth in AI, satellite internet businesses</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/bd91039d6b27b603cd0c106d63c083c81ab6fedc9553fe65287aa75648565601</image:loc>
      <image:title>SpaceX has become a major compute and infrastructure supplier to Anthropic, Alphabet and others.</image:title>
      <image:caption>SpaceX has become a major compute and infrastructure supplier to Anthropic, Alphabet and others.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/elon-musk-says-spacex-tesla-have-begun-exploring-merger-deal-not-guaranteed</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T06:34:02+08:00</news:publication_date>
      <news:title>Elon Musk says SpaceX, Tesla have begun exploring merger, but deal not guaranteed</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3fc9965b65642a20cb051ee7277c331f7b317f83e8d61bee349179e1cf165f91</image:loc>
      <image:title>Elon Musk is not participating in the committee discussions because he is a conflicted party.</image:title>
      <image:caption>Elon Musk is not participating in the committee discussions because he is a conflicted party.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-rises-middle-east-supply-worries-iran-ship-attacks-spread-beyond-hormuz</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T06:22:05+08:00</news:publication_date>
      <news:title>Oil rises on Middle East supply worries as Iran ship attacks spread beyond Hormuz   </news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/373b0f83c86e27c8f0d28ea503aa5822cf7f05bb4983ff5d1e3f396a47e76c4d</image:loc>
      <image:title>US Energy Department officials said on Oct 20 they were working with refiners around the world to boost fuel output as a diesel shortage has raised prices. </image:title>
      <image:caption>US Energy Department officials said on Oct 20 they were working with refiners around the world to boost fuel output as a diesel shortage has raised prices. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/european-stocks-extend-slide-french-unrest-rattles-investors</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T06:13:01+08:00</news:publication_date>
      <news:title>European stocks extend slide as French unrest rattles investors</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5fccdff3922620f9d3e49525da992841c75d04d284da07dbdcff139fe416b808</image:loc>
      <image:title>The European Central Bank is expected to remain on hold this month, while traders see an 85% chance of a hike in December.</image:title>
      <image:caption>The European Central Bank is expected to remain on hold this month, while traders see an 85% chance of a hike in December.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/dow-outperforms-wall-street-rises-healthcare-stocks-lead-gains</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-21T06:08:55+08:00</news:publication_date>
      <news:title>Dow outperforms as Wall Street rises, healthcare stocks lead gains </news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5c650b7ffbccad34ddcd65a76409550f1e3a4b3ff1e65e114aa29f167473f908</image:loc>
      <image:title>Declines in megacap stocks pulled down the communication services sector as energy shares underperformed.</image:title>
      <image:caption>Declines in megacap stocks pulled down the communication services sector as energy shares underperformed.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/qualcomm-cut-jobs-worldwide-performance-focused-layoffs-internal-memo</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T22:13:36+08:00</news:publication_date>
      <news:title>Qualcomm to cut jobs worldwide in performance-focused layoffs: internal memo</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c0efbaec88924a32b8947491afa873aefe79905ebfc44ad0fe08bd5fe85dc24a</image:loc>
      <image:title>Qualcomm has been hit this year by a slump in consumer electronics sales as soaring memory prices weigh on demand in key markets.</image:title>
      <image:caption>Qualcomm has been hit this year by a slump in consumer electronics sales as soaring memory prices weigh on demand in key markets.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-opens-lower-ai-stocks-decline-oil-prices-rise</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T21:58:49+08:00</news:publication_date>
      <news:title>US stocks: Wall Street opens lower as AI stocks decline, oil prices rise</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/33fc994405d09788b6617dab29d74e9bd9e3e96dc0ca3adba744f8d71b640b9c</image:loc>
      <image:title>The Nasdaq Composite dropped 98.0 points, or 0.37 per cent, to 26,332.921 on Tuesday morning.</image:title>
      <image:caption>The Nasdaq Composite dropped 98.0 points, or 0.37 per cent, to 26,332.921 on Tuesday morning.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/hasbro-raises-annual-revenue-forecast-strong-demand-digital-games</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T21:07:21+08:00</news:publication_date>
      <news:title>Hasbro raises annual revenue forecast on strong demand for digital games</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e7ec6ed89d482d0eb216cb5dc66e9b8253180d20fcec208785d07eb87b2e0e89</image:loc>
      <image:title>Hasbro is outperforming its rival Mattel.</image:title>
      <image:caption>Hasbro is outperforming its rival Mattel.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinas-catl-profit-growth-slows-third-quarter-competition-intensifies</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T20:46:45+08:00</news:publication_date>
      <news:title>China’s CATL profit growth slows in third quarter as competition intensifies</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/08f5b368515dbecf5d83b59b55989e654033820864ee511e3ab724f7902eb673</image:loc>
      <image:title>Net profit at the world’s largest EV battery maker rose 14.5 per cent from a year earlier.</image:title>
      <image:caption>Net profit at the world’s largest EV battery maker rose 14.5 per cent from a year earlier.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/google-cloud-services-down-uk-revolut-other-banks-and-public-services-report-issues</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T20:29:59+08:00</news:publication_date>
      <news:title>Google Cloud services down in UK; Revolut, other banks and public services report issues</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/639a4ba840e710605d4cdb52a66958def0df38fc02cdb940c71bcec684953d84</image:loc>
      <image:title>Google Cloud was among 19 companies designated by EU regulators last year as critical third-party computing providers on which the bloc’s finance industry depends.</image:title>
      <image:caption>Google Cloud was among 19 companies designated by EU regulators last year as critical third-party computing providers on which the bloc’s finance industry depends.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/fewer-one-20-singapore-listed-firms-disclose-external-board-evaluations-study?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>2026-10-20T20:24:25+08:00</news:publication_date>
      <news:title>Fewer than one in 20 Singapore-listed firms disclose external board evaluations: study</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/ee0b89d6817c586842c6a19dbaebdf52053287c075bbc95da8523efee63860b1</image:loc>
      <image:title>Just 10% of listed companies surveyed disclose information on succession planning for boards and senior management.</image:title>
      <image:caption>Just 10% of listed companies surveyed disclose information on succession planning for boards and senior management.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/greenback-slips-euro-rebounds-french-protests-ease?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>2026-10-20T20:05:11+08:00</news:publication_date>
      <news:title>Greenback slips, euro rebounds as French protests ease</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/7c4e3e38569651791578f0bb34d5f499a113ddb2109c96dc2fc0af59c4073a00</image:loc>
      <image:title>Investors were still watching oil prices, with Brent crude futures near a five-month high above US$110 per barrel on little signs of progress in efforts to end the Middle East war.</image:title>
      <image:caption>Investors were still watching oil prices, with Brent crude futures near a five-month high above US$110 per barrel on little signs of progress in efforts to end the Middle East war.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/transport-logistics/gm-shares-sink-full-year-profit-forecast-misses-wall-street-estimates</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T20:01:08+08:00</news:publication_date>
      <news:title>GM shares sink as full-year profit forecast misses Wall Street estimates</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a900a59f0a102d82c23aee76bd426d34aa375124ecf13c47e1d0d41f397c4c94</image:loc>
      <image:title>GM said it expected to end 2026 with adjusted EBIT in the range of US$14.5 billion to US$15.5 billion.</image:title>
      <image:caption>GM said it expected to end 2026 with adjusted EBIT in the range of US$14.5 billion to US$15.5 billion.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/faster-delivery-easier-credit-fuel-south-east-asia-e-commerce-survey?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>2026-10-20T19:42:54+08:00</news:publication_date>
      <news:title>Faster delivery, easier credit fuel South-east Asia e-commerce: survey</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/6861918b994353a3c72a37261635a0ecd215a528e273f09224c082d1b6273e64</image:loc>
      <image:title>Lazada Malaysia CEO Kaya Qin (left) and Cube Asia co-founder Simon Torring.</image:title>
      <image:caption>From left: Lazada Malaysia CEO Kaya Qin and Cube Asia co-founder Simon Torring. Torring says that buy now, pay later schemes serve as a major catalyst in the region.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/arts-design/13-19-art-prize-opens-takashimaya-works-teens-and-persons-special-needs?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>2026-10-20T19:12:21+08:00</news:publication_date>
      <news:title>13-19 Art Prize opens at Takashimaya with works by teens and persons with special needs</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4191b3dcf59887b446704da27ed859ca5332957feb06ef6d93d71c7c73436a45</image:loc>
      <image:title>The top prizes of the 13-19 Art Prize went to Zhou Shanwei, 16, for Under Pressure (left), and Zhao Manxu, 14, for Lost Memories.</image:title>
      <image:caption>The top prizes of the 13-19 Art Prize went to Zhou Shanwei, 16, for Under Pressure (left), and Zhao Manxu, 14, for Lost Memories.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/wee-hur-secures-option-acquire-sydney-site-471-bed-student-accommodation-project?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T19:12:06+08:00</news:publication_date>
      <news:title>Wee Hur secures option to acquire Sydney site for 471-bed student accommodation project</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/83704050eb5dadc7ad244cfc25a41bc5a24345bf9826e1cc00a0b09b7adae0d7</image:loc>
      <image:title>The site of Wee Hur’s latest accommodation project is a three-minute walk from Crows Nest metro station, and near key Australian universities.</image:title>
      <image:caption>The site of Wee Hur’s latest accommodation project is a three-minute walk from Crows Nest metro station, and near key Australian universities.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/free-trade-agreements-may-be-out-fashion-apec-can-further-existing-deals-jeffrey-siow?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>2026-10-20T19:09:10+08:00</news:publication_date>
      <news:title>Free trade agreements may be out of fashion, but Apec can further existing deals: Jeffrey Siow</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d380416f26f9b8ee872bbbb610fa8bbe3d9abf47bbe2e046b988982eab6a3867</image:loc>
      <image:title>Second Minister for Finance Jeffrey Siow said that inking free trade agreements may no longer be in trend.</image:title>
      <image:caption>Second Minister for Finance Jeffrey Siow said that inking free trade agreements may no longer be in trend.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-end-lower-local-banks-decline-sti-slips-0-2?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>2026-10-20T18:48:33+08:00</news:publication_date>
      <news:title>Singapore shares end lower as local banks decline; STI slips 0.2%</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0d21f955ffa1cae520c0a97ace8159dce30a119ea26e4277101fe130b72e5a6d</image:loc>
      <image:title>Across the broader market, gainers trail losers 180 to 388, after 1.1 billion securities worth S$1.6 billion change hands.</image:title>
      <image:caption>Across the broader market, gainers trail losers 180 to 388, after 1.1 billion securities worth S$1.6 billion change hands.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-oct-20?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T18:45:00+08:00</news:publication_date>
      <news:title>Daily Debrief: What Happened Today (Oct 20)</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1219810974ce285ae5447aecf0d2d5fdd7463e4de420d1a8e4362b2de29d8b1c</image:loc>
      <image:title>Singapore has issued legal notices to 10 companies in Indonesia for contributing to the haze affecting the city-state.</image:title>
      <image:caption>Singapore has issued legal notices to 10 companies in Indonesia for contributing to the haze affecting the city-state.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/mtr-bets-us5-billion-hong-kong-city-doesnt-exist-yet</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T18:41:35+08:00</news:publication_date>
      <news:title>MTR bets US$5 billion on a Hong Kong city that doesn’t exist yet</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c42b33f630116a675d4f9abc9544fc328cf4aa23ada1f245ac82531eb695b71c</image:loc>
      <image:title>MTR was established in 1975 with the British colonial government as sole shareholder to build Hong Kong’s metro system after the population swelled by almost four million in three decades.</image:title>
      <image:caption>MTR was established in 1975 with the British colonial government as sole shareholder to build Hong Kong’s metro system after the population swelled by almost four million in three decades.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/monetary-policy-could-turn-accommodative-ai-productivity-gains-take-hold-mas-chief-economist?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>2026-10-20T18:02:43+08:00</news:publication_date>
      <news:title>Monetary policy could turn accommodative as AI productivity gains take hold: MAS chief economist</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e5f8d49a34601517df7bd3ac60902b4f15d037d240f1332a51957a41458a9651</image:loc>
      <image:title>MAS logo outside its building</image:title>
      <image:caption>MAS tightened monetary policy in April and July this year amid rising inflation risks, before leaving its policy settings unchanged in October.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/bytedance-alibaba-tencent-place-over-us35-billion-worth-nvidia-chip-orders</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T17:42:02+08:00</news:publication_date>
      <news:title>ByteDance, Alibaba, Tencent place over US$35 billion worth of Nvidia chip orders</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/94341a659587cd0debe5ed7ae1640c9e266044acd914dab1c5cfb3535d607edd</image:loc>
      <image:title>One source said Nvidia told partners they might receive only 5 per cent to 10 per cent of the quantities requested, due to overwhelming demand.</image:title>
      <image:caption>One source said Nvidia told partners they might receive only 5 per cent to 10 per cent of the quantities requested, due to overwhelming demand.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/singtel-fined-s1-million-over-march-outages-affecting-720000-subscribers?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>2026-10-20T17:30:00+08:00</news:publication_date>
      <news:title>Singtel fined S$1 million over March outages affecting 720,000 subscribers</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a5022a53246e8562e248aa8fa136ee516019ffec0db519c00a4a472f05361852</image:loc>
      <image:title>IMDA says the outages could have been prevented had Singtel implemented more robust systems to monitor operations.</image:title>
      <image:caption>IMDA says the outages could have been prevented had Singtel implemented more robust systems to monitor operations.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/singapore-banks-may-curb-financing-firms-zero-tolerance-approach-open-burning-deforestation?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>2026-10-20T17:27:51+08:00</news:publication_date>
      <news:title>Singapore banks may curb financing of firms in ‘zero-tolerance’ approach to open burning, deforestation</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/57959883e947870ed64adcecd18ab20a56043bb4718343f45c56908c42fcf1a6</image:loc>
      <image:title>Under the Transboundary Haze Pollution Act, Singapore has issued legal notices to 10 companies in Indonesia for contributing to the haze.</image:title>
      <image:caption>Under the Transboundary Haze Pollution Act, Singapore has issued legal notices to 10 companies in Indonesia for contributing to the haze.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/fake-commute-how-chinas-unemployed-save-face</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T17:08:08+08:00</news:publication_date>
      <news:title>The fake commute: How China’s unemployed save face</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2015e67338c77884a0634b7d06260395968499e660d17e2ef30799e0666cc21e</image:loc>
      <image:title>Most social media posts share tips on how to spend the day away from home, drifting through parks, libraries, cafes and shopping malls.</image:title>
      <image:caption>Most social media posts share tips on how to spend the day away from home, drifting through parks, libraries, cafes and shopping malls.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/indonesia-faces-growing-pressure-hold-companies-accountable-forest-fires-haze-worsens?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>2026-10-20T17:04:25+08:00</news:publication_date>
      <news:title>Indonesia faces growing pressure to hold companies accountable for forest fires as haze worsens</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/9b26863894ff98ce4ce3c6585b2a492aadfc324913bba97558dcd6f9447e985d</image:loc>
      <image:title>Greenpeace Indonesia activists unfurl a banner at Jakarta’s Bundaran Hotel Indonesia, criticising the government’s handling of forest fires and climate inaction.</image:title>
      <image:caption>Greenpeace Indonesia activists unfurl a banner at Jakarta’s Bundaran Hotel Indonesia, criticising the government’s handling of forest fires and climate inaction.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/malaysia-de-registers-main-opposition-bloc-elections-loom</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T17:01:21+08:00</news:publication_date>
      <news:title>Malaysia de-registers main opposition bloc as elections loom</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a24c8f8bb359ad495080a5e0d16478902a3b93c01b690f23cd3c1850de644b48</image:loc>
      <image:title>Perikatan Nasional is facing growing rifts of its own.</image:title>
      <image:caption>Perikatan Nasional is facing growing rifts of its own.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/wealth/wealth-investing/whats-so-wrong-high-interest-rates</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T16:54:12+08:00</news:publication_date>
      <news:title>What’s so wrong with high interest rates?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/05ffb83c940dc9b8742111027384c6a48ea23379beac942663db01044ba81916</image:loc>
      <image:title>Singapore’s Central Business District.</image:title>
      <image:caption>Banks could benefit as their net interest margins widen, thanks to higher rates. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/lifestyle/rich-flyers-splurges-are-saving-airlines-margin-collapse</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T15:59:11+08:00</news:publication_date>
      <news:title>Rich flyers’ splurges are saving airlines from a margin collapse</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/07f28b9d5540f75b4fe1a35a24f466689b373735380e7747cad7d66cbf290667</image:loc>
      <image:title>Delta Air Lines has revamped its Delta One business class as it prioritises “consistent investment in premium experiences”.</image:title>
      <image:caption>Delta Air Lines has revamped its Delta One business class as it prioritises “consistent investment in premium experiences”.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/european-stocks-extend-slide-french-protests-dent-risk-appetite</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T15:58:54+08:00</news:publication_date>
      <news:title>European stocks extend slide as French protests dent risk appetite</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f75950ca06c034ebfe74e6c3ae184fd425cb257390b26184c60177b1b3633e77</image:loc>
      <image:title>The Stoxx 600 index was down 0.27 per cent at 637.84 points by 0709 GMT on Tuesday.</image:title>
      <image:caption>The Stoxx 600 index was down 0.27 per cent at 637.84 points by 0709 GMT on Tuesday.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/uk-jobs-market-shows-some-recovery-signs-boe-mulls-rate-hike</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T15:55:10+08:00</news:publication_date>
      <news:title>UK jobs market shows some recovery signs as BOE mulls rate hike</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/c35e025f7ee49f0e43c3e1f8f2f96e4fef70a0a124087fb88eb330e1fe3f6723</image:loc>
      <image:title>Job vacancies in the three months to September fell to 691,000 from 704,000 in the three months to August.</image:title>
      <image:caption>Job vacancies in the three months to September fell to 691,000 from 704,000 in the three months to August.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/china-flags-apecs-role-key-challenged-global-economy</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T15:53:52+08:00</news:publication_date>
      <news:title>China flags Apec’s role as key for a challenged global economy</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2e965b2f46813c41686f698c40f74bf6460c5273edef8101c8ca0f510c059001</image:loc>
      <image:title>China’s Finance Minister Lan Foan called on governments to cooperate on AI, the digital economy and green sector development.</image:title>
      <image:caption>China’s Finance Minister Lan Foan called on governments to cooperate on AI, the digital economy and green sector development.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/wealth/wealth-investing/upcycle-intact-singapore-semiconductor-stocks-despite-sharp-sell</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T15:35:31+08:00</news:publication_date>
      <news:title>Upcycle is intact for Singapore semiconductor stocks despite sharp sell-off</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/a12682dfab73a56d88989b5d1e2fb03b3081cb0abd73aaa9f4372fa4f741b49d</image:loc>
      <image:title>On the SGX, UMS (logo pictured), AEM and Frencken offer the most direct exposure to the semiconductor cycle from different angles.</image:title>
      <image:caption>On the SGX, UMS (logo pictured), AEM and Frencken offer the most direct exposure to the semiconductor cycle from different angles.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/wealth/wealth-investing/battle-against-rising-us-treasury-yields?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>2026-10-20T15:34:59+08:00</news:publication_date>
      <news:title>The battle against rising US Treasury yields</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/afefc38608c4fb7d66d3b4a0dd3d6a28085d3033b47f6f2808c3e7b8d37dfc3a</image:loc>
      <image:title>US Treasury Secretary Scott Bessent has been successful only at smoothing the back-up in bond yields.</image:title>
      <image:caption>US Treasury Secretary Scott Bessent has been successful only at smoothing the back-up in bond yields.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/cpf-keeps-grade-global-ranking-pension-systems-second-year-overall-score-goes?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>2026-10-20T15:23:35+08:00</news:publication_date>
      <news:title>CPF keeps ‘A’ grade in global ranking of pension systems for second year; overall score goes up</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/0b6e71a187cf58b6486d30fd27fd81751622b262f321737aa8f6d8210a44fd1b</image:loc>
      <image:title>Singapore’s CPF has scored 82 on the Marsh CFA Institute Global Pension Index.</image:title>
      <image:caption>Singapore’s CPF has scored 82 on the Marsh CFA Institute Global Pension Index.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/malaysia-set-special-committee-probe-corporate-crime-chaired-attorney-general</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T15:16:00+08:00</news:publication_date>
      <news:title>Malaysia to set up special committee to probe corporate crime, chaired by attorney-general</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1498cf17c2e4723f4361c3011ad631b233d6699898482cea54a4a7d2ad798c1c</image:loc>
      <image:title>Malaysian PM Anwar Ibrahim’s announcement revives discussion of a topic that had gone largely silent for months.</image:title>
      <image:caption>Malaysian PM Anwar Ibrahim’s announcement revives discussion of a topic that had gone largely silent for months.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/taobao-deepens-singapore-presence-us14-9-million-marketing-push?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>2026-10-20T14:58:19+08:00</news:publication_date>
      <news:title>Taobao deepens Singapore presence with US$14.9 million marketing push</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1a6da9e78aee13cad73d64db364a31d7434d917d2ef622032097d2152de67f35</image:loc>
      <image:title>Cora Cai, Singapore country head for Taobao. She says the company’s continued investment in Singapore plays a big role in its overseas business expansion.</image:title>
      <image:caption>Cora Cai, Singapore country head for Taobao, says the company’s continued investment in Singapore plays a big role in its overseas business expansion.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/sea-starts-enterprise-cloud-foray-while-eyeing-fintech-arm-ipo</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T14:45:58+08:00</news:publication_date>
      <news:title>Sea starts enterprise cloud foray while eyeing a fintech arm IPO</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/cd7755479d956dad44ef05288006fcd94684c939bcc94b5d6d96abedf5c98c01</image:loc>
      <image:title>Last year, Forrest Li pledged to double down on AI, betting that this would help the company hit a trillion-dollar market capitalisation.</image:title>
      <image:caption>Last year, Forrest Li pledged to double down on AI, betting that this would help the company hit a trillion-dollar market capitalisation.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/japan-pursues-chip-industry-reboot-its-being-pressed-build-americas</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T14:13:01+08:00</news:publication_date>
      <news:title>As Japan pursues a chip-industry reboot, it’s being pressed to build America’s</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/17346ee74c11221bbbca5609db2cb455a2ea79210c18294f085236c8fdc04079</image:loc>
      <image:title>Japan will invest up to US$21 billion to build two chip factories in New York state, under a deal announced last week by GlobalFoundries.</image:title>
      <image:caption>Japan will invest up to US$21 billion to build two chip factories in New York state, under a deal announced last week by GlobalFoundries.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/data-centre-infrastructure-firm-elices-33-plunge-ugly-debut-rekindles-ai-spending-doubts</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T13:27:05+08:00</news:publication_date>
      <news:title>Data centre infrastructure firm Elice’s 33% plunge in ‘ugly debut’ rekindles AI spending doubts</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/acc722c051cf9ffc68fc089ffaf3f214270105666a4787650cc416ec0ef31a3e</image:loc>
      <image:title>Elice’s plunge signals the environment surrounding neocloud firms “has yet to fully improve”, said Kazuyuki Muramatsu from Nagomi Capital.</image:title>
      <image:caption>Elice’s plunge signals the environment surrounding neocloud firms “has yet to fully improve”, said Kazuyuki Muramatsu from Nagomi Capital.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/malaysias-economy-five-takeaways-gdp-trade-and-inflation-figures?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>2026-10-20T13:00:00+08:00</news:publication_date>
      <news:title>Malaysia’s economy: Five takeaways from GDP, trade and inflation figures</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5387f499c163fa0f0713ac27a38b2445bd6a65711fb3da2343d7780195b2ee30</image:loc>
      <image:title>Pedestrians pass a garment outlet in Kuala Lumpur.</image:title>
      <image:caption>Malaysia’s Q3 GDP has expanded 5.3% year on year, slowing from 6% in Q2, official advance estimates show.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/australia-sue-facebook-tiktok-alleged-breaches-ban</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T12:48:26+08:00</news:publication_date>
      <news:title>Australia to sue Facebook, TikTok for alleged breaches of ban</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/1b800acd3d981df07a86abcdda3fff5f73b2f40c88c0b5306d2dc827840e74a9</image:loc>
      <image:title>The country’s online safety regulator said it was investigating Facebook, Instagram, TikTok, Snapchat and YouTube for potential failure to observe the law.</image:title>
      <image:caption>The country’s online safety regulator said it was investigating Facebook, Instagram, TikTok, Snapchat and YouTube for potential failure to observe the law.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/end-abundance</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T12:00:00+08:00</news:publication_date>
      <news:title>The end of abundance</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e1bfa3e5881e25549b489383cde2b14ac67853022975a88fedc572f1c09cc470</image:loc>
      <image:title>A worker assembles motors for electric vehicles at a factory in Berlin.</image:title>
      <image:caption>Stagflation lacks a straightforward monetary-policy remedy; fiscal policy, if targeted well, can be more effective, says the writer.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/ai-tool-predicts-cancer-survival-chances-single-face-photo</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T11:56:55+08:00</news:publication_date>
      <news:title>AI tool predicts cancer survival chances with single face photo</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/43a2edc1a464fde6ce3428e45e4a28c34ed3a0cde0cd1142b079573c0b0448c1</image:loc>
      <image:title>The AI tool could estimate age with a margin of error of about 5 years and reliably allocate patients to higher- or lower-risk groups, with different risks of death.</image:title>
      <image:caption>The AI tool could estimate age with a margin of error of about 5 years and reliably allocate patients to higher- or lower-risk groups, with different risks of death.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/malaysia-has-made-no-commitment-provide-financing-support-airasia-says-ministry</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T11:20:11+08:00</news:publication_date>
      <news:title>Malaysia has made no commitment to provide financing support to AirAsia, says ministry</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b40984d52a6c5c79673f32859687daf67677c7e266fb37ae4c3583baa39ab1e1</image:loc>
      <image:title>AirAsia co-founder Tony Fernandes said the government talks focused on aviation-related costs, not financial assistance.</image:title>
      <image:caption>AirAsia co-founder Tony Fernandes said the government talks focused on aviation-related costs, not financial assistance.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/gcash-parent-mynts-steady-debut-after-us1-billion-ipo-offers-hope-philippine-market-revival?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>2026-10-20T10:45:54+08:00</news:publication_date>
      <news:title>GCash parent Mynt’s steady debut after US$1 billion IPO offers hope for Philippine market revival</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e53ee2a384e80cfe77b3e25795cd6b5c9a3b7f67c37f5c1f7923bcf17b4003ae</image:loc>
      <image:title>Philippine president Ferdinand Marcos Jr was present at the start of trading in Mynt shares at the Philippine Stock Exchange on Tuesday (Oct 20).</image:title>
      <image:caption>Philippine president Ferdinand Marcos Jr was present at the start of trading in Mynt shares at the Philippine Stock Exchange on Tuesday (Oct 20).</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/rhb-cuts-sgx-target-price-s20-30-after-softer-expected-q1?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>2026-10-20T10:32:00+08:00</news:publication_date>
      <news:title>RHB cuts SGX target price to S$20.30 after softer-than-expected Q1</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/de5515e91293ec27270fac7444f64a966a73c283b5680094107f6d0924980d99</image:loc>
      <image:title>SGX’s implied securities and derivatives activity for the first half of FY2027 track 7.4% and 10.2% below RHB’s expectations, respectively.</image:title>
      <image:caption>SGX’s implied securities and derivatives activity for the first half of FY2027 track 7.4% and 10.2% below RHB’s expectations, respectively.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/most-singapore-households-expect-inflation-rise-over-next-year-survey?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>2026-10-20T10:20:00+08:00</news:publication_date>
      <news:title>Most Singapore households expect inflation to rise over next year: survey</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/69a9acf8c58fdb7231cdb9cbdc9af1e85074d529a445191b0c5dc2982257fcda</image:loc>
      <image:title>Expectations for price increases vary across spending categories, with transport recording the largest rise.</image:title>
      <image:caption>Expectations for price increases vary across spending categories, with transport recording the largest rise.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-korea-japan-shares-fall-asian-stocks-decline-break-us-chip-rally</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T09:58:26+08:00</news:publication_date>
      <news:title>South Korea, Japan shares fall as Asian stocks decline in break from US chip rally</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/4cd66ac9dbbeeace8c09c5de9380a89665aa29438240e28fd8cf7672ebb39315</image:loc>
      <image:title>As at 9.35 am Tokyo time, the Nikkei 225 futures (OSE) fell 0.8% and Japan’s Topix retreated 0.9%.</image:title>
      <image:caption>As at 9.35 am Tokyo time, the Nikkei 225 futures (OSE) fell 0.8% and Japan’s Topix retreated 0.9%.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/asias-ultra-wealthy-next-gen-have-least-say-post-sale-plans-family-business-julius-baer?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>2026-10-20T09:30:00+08:00</news:publication_date>
      <news:title>Asia’s ultra-wealthy next-gen have least say in post-sale plans for family business: Julius Baer</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/3d82dc5fa81d2c20c85766506bed14b82d6d6e981a847c725fc59631f1fe53a8</image:loc>
      <image:title>In a Julius Baer report, only 8.4% of respondents advising UHNW families in Asia say the next generation is active in post-exit plans.</image:title>
      <image:caption>In a Julius Baer report, only 8.4% of respondents advising UHNW families in Asia say the next generation is active in post-exit plans.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/two-horse-race-openai-seeks-accelerate-fundraising-ahead-anthropic-ipo-sources-say</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T09:23:06+08:00</news:publication_date>
      <news:title>‘Two-horse race’: OpenAI seeks to accelerate fundraising ahead of Anthropic IPO, sources say</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/d9621791b5d3b8aaac4a9d51bce8ae4948d660f37085d2a1b9dd350dd62960f9</image:loc>
      <image:title>The rapid timetable partly reflects a desire to get ahead of Anthropic as both frontier labs increasingly tap a similar investor base.</image:title>
      <image:caption>The rapid timetable partly reflects a desire to get ahead of Anthropic as both frontier labs increasingly tap a similar investor base.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/nearly-half-singapore-workers-put-least-six-unpaid-hours-week-survey?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>2026-10-20T08:41:44+08:00</news:publication_date>
      <news:title>Nearly half of Singapore workers put in at least six unpaid hours a week: survey</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b7cb418018ae9805a23a9f0e9ae649724b2cf77939d7a2355fc24af4fab7c44c</image:loc>
      <image:title>Workers who reported 16 or more unpaid hours are more likely to be fully engaged in their jobs, the survery indicated.</image:title>
      <image:caption>Workers who reported 16 or more unpaid hours are more likely to be fully engaged in their jobs, the survery indicated.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-declines-bond-yields-stay-elevated-despite-oil-drop</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T08:36:47+08:00</news:publication_date>
      <news:title>Gold declines as bond yields stay elevated despite oil drop</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/dcad67d854b2bf218ddf72d5bc009255827e01550757a14033af0418407774d4</image:loc>
      <image:title>Higher rates are generally a headwind for gold as it pays no interest. </image:title>
      <image:caption>Higher rates are generally a headwind for gold as it pays no interest. </image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/stocks-watch-first-resources-keppel-reit?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T08:27:36+08:00</news:publication_date>
      <news:title>Stocks to watch: First Resources, Keppel Reit</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/91b843d5bf79272ed7f631ee23dd4ccde034cffbac889f6bca69085a033bbd1d</image:loc>
      <image:title>First Resources said it was confident an objective review would establish that it does not engage in land clearing by fire.</image:title>
      <image:caption>First Resources said it was confident an objective review would establish that it does not engage in land clearing by fire.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/first-resources-confident-clearing-name-haze-allegations?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>2026-10-20T08:25:22+08:00</news:publication_date>
      <news:title>First Resources confident of clearing name in haze allegations</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/92fdbaab4f33440cf2df1145733e6fc81bddf57604db649d3249a387048c1d66</image:loc>
      <image:title>Firefighters spray water in an attempt to extinguish a wildfire at a palm oil plantation area in Central Kalimantan.</image:title>
      <image:caption>First Resources has been linked to plantation areas in Indonesia where fires and smoke were detected.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/us-allows-dark-fleet-oil-tankers-shed-sanctions-amid-bid-boost-oil-supply</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T08:24:55+08:00</news:publication_date>
      <news:title>US allows dark-fleet oil tankers to shed sanctions amid bid to boost oil supply</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/f540bc738e242b6ec2184a485eebd99b92305d67f004f4db4441bbe72057cd94</image:loc>
      <image:title>The Trump administration is undertaking an approval process to grant sanctioned ships legitimate status so they can be used to transport non-sanctioned oil.</image:title>
      <image:caption>The Trump administration is undertaking an approval process to grant sanctioned ships legitimate status so they can be used to transport non-sanctioned oil.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/property/keppel-reit-buy-51-stake-keppel-south-central-s610-9-million?ai-allowed=1</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T08:12:40+08:00</news:publication_date>
      <news:title>Keppel Reit to buy 51% stake in Keppel South Central for S$610.9 million</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/21cd75a8f38a3cd20ad9159e645ebcf2deffbab3eecd59b69e2657cbb4425172</image:loc>
      <image:title>Keppel South Central in Hoe Chiang Road.</image:title>
      <image:caption>The acquisition of Keppel South Central offers a pro forma distribution per unit accretion of 2.01%.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/global/france-imposes-curfews-parts-paris-other-cities-after-nationwide-rioting</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T07:45:08+08:00</news:publication_date>
      <news:title>France imposes curfews in parts of Paris, other cities after nationwide rioting</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2bc2b03e89da0b292f51d8140d9d5e2f2f31370fbb412ad1c9525a3b111ee908</image:loc>
      <image:title>In Paris, a shopping hub hit by looters and the Place de la République, which saw weekend violence, were under curfew from 11 pm on Oct 19 to 6 am on Oct 20.</image:title>
      <image:caption>In Paris, a shopping hub hit by looters and the Place de la République, which saw weekend violence, were under curfew from 11 pm on Oct 19 to 6 am on Oct 20.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/grid-transition-why-aseans-next-energy-challenge-coordination</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T07:15:00+08:00</news:publication_date>
      <news:title>The grid is the transition: Why Asean’s next energy challenge is coordination</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/b3a847e1dcc5ee3d404f9f0a4d3a0ff98568a5ac90832876590d120953a93543</image:loc>
      <image:title>The International Energy Agency projects renewables could rise from under 30% of Asean’s power mix to over 70% by 2050 with stronger interconnection.</image:title>
      <image:caption>The International Energy Agency projects renewables could rise from under 30% of Asean’s power mix to over 70% by 2050 with stronger interconnection.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/when-it-too-late-financial-planning?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>2026-10-20T07:00:00+08:00</news:publication_date>
      <news:title>When is it too late for financial planning?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/99bc70e4f1da4c3aa4a5d61481571f43038e23099bf15cab593abaf9facc1354</image:loc>
      <image:title>When it comes to retirement adequacy, longevity is sobering because of the risk of outliving one’s resources</image:title>
      <image:caption>When it comes to retirement adequacy, longevity is sobering because of the risk of outliving one’s resources</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/asean/goto-makes-its-indonesian-language-ai-available-public?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>2026-10-20T07:00:00+08:00</news:publication_date>
      <news:title>GoTo makes its Indonesian-language AI available to the public</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/fe61e86d668663732f03d835234afd0af6e6d5516d8f190822d08d59b28894ba</image:loc>
      <image:title>GoTo logo</image:title>
      <image:caption>GoTo is making its artificial intelligence model available for free on AI platform Hugging Face.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/opinion-features/real-purpose-waico-chinas-ai-club</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T07:00:00+08:00</news:publication_date>
      <news:title>The real purpose of Waico, China’s AI club</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/dd5be2ca827767bf0dd5dd249cbbf8515f7466b0c94b4c69e1061178f09a3592</image:loc>
      <image:title>China launched the World Artificial Intelligence Cooperation Organization in July.</image:title>
      <image:caption>China launched the World Artificial Intelligence Cooperation Organization in July.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/indonesia-shields-consumers-oil-shock-energy-import-bill-jumps-40?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>2026-10-20T07:00:00+08:00</news:publication_date>
      <news:title>Indonesia shields consumers from oil shock as energy import bill jumps 40%</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/807cb086de2ef668d5f34d2d4af179da06ab2557290d1477e3642a93ac0f3c61</image:loc>
      <image:title>Jakarta’s skyline.</image:title>
      <image:caption>Keeping domestic energy prices low protects household purchasing power and helps contain inflation, but requires Indonesia to devote more of its Budget to subsidies.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/singapore/economy-policy/future-of-work/age-ai-what-university-education?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>2026-10-20T07:00:00+08:00</news:publication_date>
      <news:title>In the age of AI, what is a university education for?</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/63a71c249d1853e6af4968c8a53801c62755a1bb95a0eed44b16ec548448317b</image:loc>
      <image:title>Universities see their role in equipping students with a foundation that can sustain them beyond their first job.</image:title>
      <image:caption>Universities see their role in equipping students with a foundation that can sustain them beyond their first job.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/ipos-are-not-only-vehicle-kkr-heads-record-exits-even-firms-stay-private-longer?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>2026-10-20T07:00:00+08:00</news:publication_date>
      <news:title>‘IPOs are not the only vehicle’: KKR heads for record exits even as firms stay private for longer</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/e0567d3f8482a65fb8d93f5342501f052c979269cc5920b45d0e834140475698</image:loc>
      <image:title>In Asia, KKR has larger portfolio allocations in Japan and India relative to other markets, though allocation trends shift every few years.</image:title>
      <image:caption>In Asia, KKR has larger portfolio allocations in Japan and India relative to other markets, though allocation trends shift every few years.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/nvidia-backed-nscale-anthropic-talks-new-us45-billion-ai-cloud-deal-source-says</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T06:54:48+08:00</news:publication_date>
      <news:title>Nvidia-backed Nscale, Anthropic in talks for new US$45 billion AI cloud deal, source says</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/425b8ea1adbcf4db110646854f46445fff222e1a3e6b3ddafe6283140621b69c</image:loc>
      <image:title>Nscale is seeking another major deal with the AI lab for a second facility at its Monarch data centre campus in West Virginia.</image:title>
      <image:caption>Nscale is seeking another major deal with the AI lab for a second facility at its Monarch data centre campus in West Virginia.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/international/houthi-attack-kills-53-yemen-government-training-camp-officials-say</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T06:36:22+08:00</news:publication_date>
      <news:title>Houthi attack kills 53 at Yemen government training camp, officials say</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/5ea9abcfc4093faa01dcc88915de984f49918261278f43e744680a9bafe7135e</image:loc>
      <image:title>Houthi forces (pictured) and Saudi-backed Yemeni forces have traded attacks since the Houthis’ September advance towards the Bab el-Mandeb Strait.</image:title>
      <image:caption>Houthi forces (pictured) and Saudi-backed Yemeni forces have traded attacks since the Houthis’ September advance towards the Bab el-Mandeb Strait.</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-wavers-near-five-month-high-irans-hormuz-threats-vie-flows</loc>
    <news:news>
      <news:publication>
        <news:name>The Business Times</news:name>
        <news:language>en</news:language>
      </news:publication>
      <news:publication_date>2026-10-20T06:15:41+08:00</news:publication_date>
      <news:title>Oil wavers near five-month high as Iran’s Hormuz threats vie with flows</news:title>
    </news:news>
    <image:image>
      <image:loc>https://cassette.sphdigital.com.sg/image/businesstimes/2bbc907c3b1d240d98220896742fd636f51e3248af1a000d912e2803c650a6cd</image:loc>
      <image:title>Iran has “no choice” but to assert control over Hormuz for security, said the country’s vice-president on Oct 19.</image:title>
      <image:caption>Iran has “no choice” but to assert control over Hormuz for security, said the country’s vice-president on Oct 19.</image:caption>
    </image:image>
  </url>
</urlset>