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Malaysia’s new central bank guv makes first key rate cut in 7 yrs

  Bloomberg Malaysia’s new central bank governor Muhammad Ibrahim unexpectedly cut interest rates for the first time in seven years, joining Asian counterparts from Indonesia to Taiwan in easing policy as global risks mount. In his second rate-setting meeting since taking office two months ago, Muhammad lowered the overnight policy rate by 25 basis points to 3 percent, a decision ...

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Google’s HQ plan survives after Silicon Valley land swap

  BLOOMBERG Google’s ambitious plan to build a new Silicon Valley headquarters, with soaring glass canopies, crane-like robots and movable walls, was given new life after a big land swap with neighbouring technology giant LinkedIn Corp. However, Google’s designs may not survive in their original form because the local government has new goals for the area that include more residential ...

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Historic New Hampshire general store up for auction

  BATH / AP A historic general store and tourist attraction in New Hampshire that closed earlier this year is up for auction. The Brick Store in Bath was built in the late 1700s or early 1800s. It closed after several years of financial hardship, and is up for auction on Wednesday. The store is believed to be one of ...

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