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Although cryptocurrencies are not legal tender in Vietnam, they are being traded often and therefore, should be regulated, says Prime Minister Pham Minh Chinh. At a National Assembly meeting on drafting laws against money laundering, Chinh and several lawmakers discussed transactions in virtual currencies and how to prevent such currencies …

Rishi Sunak will become Britain’s next prime minister after he won the race on Monday to lead the Conservative Party, tasked with steering a deeply divided country through an economic downturn set to leave millions of people poorer. One of the wealthiest politicians in Westminster, Sunak will become the country’s …

The State Bank of Vietnam would increase the ceiling of deposit interest rates, with terms from 1 month to below 6 months, by 1 percentage point to 6% a year, effective Tuesday. This is the second increase in a month amid rising global inflation and strengthening U.S. dollar, it said …