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China tour agencies say Beijing bans South Korea trips

Bloomberg Tour agencies in China’s Shandong province said they received notification from the government of a ban on group trips to South Korea, in a further signal that Beijing isn’t adopting a fast approach to restoring normal ties with Seoul. A Shandong branch of China International Travel Service said it received notice that no tour groups to South Korea will ...

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Samsung skepticism grows as analysts slash estimates

Bloomberg Asia’s technology rally this year appears to be sputtering as analysts at two firms cut their forecasts yesterday for Samsung Electronics Co.’s fourth-quarter operating profit, fuelling growing skepticism the industry’s gains are running out of gas. HI Investment & Securities Co. cut its fourth-quarter operating profit estimate for Samsung by 4.8 percent to 15.7 trillion won ($14.5 billion) from ...

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Graying Singapore embraces technology to face health challenges

Bloomberg Singapore is embracing technology and focussing more on personal health, as an expected doubling of seniors over the next two decades forces the nation to confront politically sensitive decisions on financing and immigration. While Singapore’s aging population is something to celebrate in reflecting longevity, it’s also forcing the city to become more nimble in how it approaches the challenges, ...

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