Bloomberg As losses from an erupting volcano in Bali nears $1 billion, Indonesian President Joko Widodo and his deputy were expected to visit the island to show the world that it’s a safe destination for Christmas and new year holidaymakers. Widodo, also known as Jokowi, visited Bali and chaired a meeting of his cabinet, the president’s office said in a …

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 …

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 …