Bloomberg After aggressive digitalisation and cost-cutting programs helped turned around Bank Leumi Le-Israel Ltd, Chief Executive Officer Rakefet Russak-Aminoach is preparing an international expansion of its mobile bank. “We are looking at going global; we are checking some business plays and considering some partnerships with others” including technology companies and larger banks, she said in an interview on the sidelines ...

Bloomberg Malaysia’s central bank raised its benchmark interest rate for the first time since 2014, with economists guessing that it won’t need to tighten again this year. Bank Negara Malaysia increased the overnight policy rate to 3.25 percent from 3 percent, it said in a statement in Kuala Lumpur, as predicted by 16 of the 20 economists in a Bloomberg ...

Bloomberg Wal-Mart Stores Inc. has forged another alliance to counter Amazon.com Inc., partnering with Japan’s Rakuten Inc. to sell e-books in the US and improve its online grocery business in Asia’s second-largest economy. The collaboration will bring Rakuten’s Kobo device and e-book catalog to Walmart’s US stores later this year, the companies said in a statement. The partnership also includes ...