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 ...