Oil prices jumped about 4% overnight on a spike in U.S. fuel use before Hurricane Milton barrelled across Florida. The Dutch economy minister says he wants to form a European Union "coalition of the willing" to strengthen their domestic computer chip industries. Beijing has accused Taiwan President Lai Ching-te of undermining peace and stability in the Taiwan Strait, while ASEAN leaders meeting in Laos deepened the grouping's relationships with several key partners on the second day of its annual gathering. The National Wages Council has said that employers of lower-wage workers earning up to $2,500 in gross monthly wage should give salary increases of 5.5 per cent to 7.5 per cent to these workers.   Synopsis: A round up of global headlines to start your day by The Business Times.  Written by: Lee Kim Siang / Claressa Monteiro ([email protected])  Recording engineer: Joann Chai Pei Chieh Produced and edited by: Lee Kim Siang & Claressa Monteiro Produced by: BT Podcasts, The Business Times, SPH Media --- Follow Lens On Daily and rate us on: Channel: bt.sg/btlenson Amazon: bt.sg/lensam Apple Podcasts: bt.sg/lensap Spotify: bt.sg/lenssp YouTube Music: bt.sg/lensyt Website: bt.sg/lenson Feedback to: [email protected] Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.  Discover more BT podcast series: BT Mark To Market at: bt.sg/btmark2mkt  WealthBT at: bt.sg/btpropertybt PropertyBT at: bt.sg/btmktfocus BT Money Hacks at: bt.sg/btmoneyhacks BT Market Focus at: bt.sg/btmktfocus BT Podcasts at: bt.sg/podcasts BT Branded Podcasts at: bt.sg/brpod BT Lens On: bt.sg/btlenson   See omnystudio.com/listener for privacy information.