Bloomberg Indonesia said Singapore’s travel advisory to avoid parts of the vacation island of Bali following a minor eruption at Mount Agung volcano was “excessive”. The eruption spouted ash clouds reaching up to 700 metres above Mount Agung’s crater, Indonesia’s Energy and Mineral Resources Ministry’s volcanology agency said on its website. Neighbouring Singapore said its citizens should refrain from non-essential …

Bloomberg UK Chancellor of the Exchequer Philip Hammond’s measures to help young people into the housing market underwhelmed investors and sent home-builder stocks tumbling. In his budget speech on Wednesday, Hammond abolished stamp duty for first-time buyers of homes worth up to $398,000 as the Conservative government sought to regain support among the younger voters who abandoned them at the …

Bloomberg Goldman Sachs Group Inc. is poised to receive $180 million in fees for managing Toshiba Corp.’s emergency share sale, according to a person with knowledge of the matter. The US firm is arranging the 600 billion yen private placement of new shares for loss-making Toshiba, which faces a March deadline from Tokyo’s exchange to reverse its negative equity or …