:00:00. > :00:14.Grimsby at a 1977 by`election. Now on BBC News, all the latest business
:00:15. > :00:22.news live from Singapore. China's version of Twitter, Weibo, is set to
:00:23. > :00:26.make its US trading debut. Following a recent sell`off in technology
:00:27. > :00:29.stocks, how will it fare? Thousands of Chinese factory workers continued
:00:30. > :00:38.to strike, amid growing labour unrest. They do very much for
:00:39. > :00:43.watching. Asia business reports, roared casting to viewers around the
:00:44. > :00:52.world. We start off with Chinese microblogging site Weibo. Dubbed
:00:53. > :00:58.China's Twitter, it is set to launch in the US later today. But's share
:00:59. > :01:02.price soared when it first listed, but given the fate recently of
:01:03. > :01:07.technology stocks, will Weibo follow in its footsteps. I asked for our
:01:08. > :01:17.correspondent's take investor sentiment. Tech stocks have been
:01:18. > :01:23.falling, because people are aware of the Chinese comedies and afraid of
:01:24. > :01:29.that. Will investors want to make a bet on Weibo, when the company lost
:01:30. > :01:38.considerable amounts in the first quarter? After their earnings, it is
:01:39. > :01:44.just about $4 million. Investors will buy it not because of current
:01:45. > :01:49.earnings but future monetisation potential. And what is the future
:01:50. > :02:00.monetisation potential of Weibo? It is one of the most important sorts
:02:01. > :02:06.sources of information dissemination in China. After MH 370, it has
:02:07. > :02:16.generated considerable traffic. They have some missteps in the past, in
:02:17. > :02:28.their strategy, but partnering with Ali Barba, and plans to monetise the
:02:29. > :02:34.platform show positive steps. Google loses money following disappointing
:02:35. > :02:40.earnings results. It posted a net income of 3.5 Ely in dollars for the
:02:41. > :02:42.three months ending in March. Revenues were below estimates due to
:02:43. > :02:50.slower growth in its core advertising business. IBM stock also
:02:51. > :02:57.crumbled, falling due to worse than expected sales numbers. `` three $.5
:02:58. > :03:03.billion. In the first quarter, it was slower than expected. More
:03:04. > :03:09.companies have been moving to use cloud computing services. And one of
:03:10. > :03:15.the better performers was Coca`Cola, shares jumped by more than 4% during
:03:16. > :03:19.strong sales growth in China and other emerging markets. The world's
:03:20. > :03:24.largest beverage maker posted revenues of $10.6 billion for the
:03:25. > :03:29.first quarter. That beats analyst estimates. They have invested in
:03:30. > :03:36.healthier products such as fruit juice to help offset slower sales
:03:37. > :03:42.and market such as the US. Chinese technology giant handset is set to
:03:43. > :03:47.launch a local version of popular mobile game Candy Crush. It requires
:03:48. > :03:55.players to line up colourful candy, and it is hoped the new version will
:03:56. > :03:59.draw in millions of new users. The company which owns Candy Crush has
:04:00. > :04:08.seen sales flagged in the US and Europe. A big jump in first`quarter
:04:09. > :04:12.profits are expected for ZTE, one of the world's largest technology
:04:13. > :04:15.companies. Ayr mobile phones and technology equipment, and have
:04:16. > :04:20.recently changed their business strategy after posting a big loss.
:04:21. > :04:26.`` they make mobile phones and technology equipment. Making cheap
:04:27. > :04:30.and cheerful products. ZTE was one of many Chinese companies to take
:04:31. > :04:37.this tried and true route to success. That strategy has made the
:04:38. > :04:44.company won of the world's top five manufacturers of telecommunications
:04:45. > :04:48.equipment. `` one of. But in the competitive world of technology,
:04:49. > :04:52.business models which have worked for years sometimes come quickly
:04:53. > :04:58.obsolete. Wake`up call came in 2012, when ZTE its first ever annual
:04:59. > :05:04.loss. It offered low prices in order to expand and win market share,
:05:05. > :05:10.which was no longer making money. Since then, ZTE has focused on
:05:11. > :05:17.offering higher and product and cutting back on products. They
:05:18. > :05:24.reported a profit last year. It now boasts of filing more patents
:05:25. > :05:32.globally than any other company. They will pore over their first
:05:33. > :05:42.quarter earnings to see whether the new strategy is successful. It has
:05:43. > :05:49.led to a decline in overall revenue. Potentially a worrying trend that
:05:50. > :05:54.investors are watching closely. Labour Day spirits pop up readily in
:05:55. > :06:05.China. `` labour disputes. But one strike is a attracting attention
:06:06. > :06:11.because of its size. A minority have also been involved in vocal
:06:12. > :06:17.protest. Our correspondent, Celia Hatton, reports. We are just outside
:06:18. > :06:22.the gates of one of the world's largest shoe factories. They
:06:23. > :06:28.assemble sneakers for some of the top local Rands. `` global brands.
:06:29. > :06:32.The factory is quiet, as the workers at are all outside. They have been
:06:33. > :06:38.processing for days, demanding unpaid social security efforts. They
:06:39. > :06:41.are furious. They will not leave the site until the company and the
:06:42. > :06:47.government pay them the benefits they deserve. TRANSLATION: Our goal
:06:48. > :06:54.is for them to pay us the 11% social security benefits the law requires.
:06:55. > :07:00.We also want them to compensate us for underpaid efforts and overtime.
:07:01. > :07:06.Strikers marched through the streets, shouting their demands on
:07:07. > :07:08.Monday, until they clashed with restless riot police. Dozens of
:07:09. > :07:15.workers were injured, some seriously. This woman is begging for
:07:16. > :07:22.donations to pave her husband 's hospital bills. `` pay. He was so
:07:23. > :07:26.badly wounded on Monday that he cannot speak. Still, the violence
:07:27. > :07:32.has done little to scare away the workers. TRANSLATION: Until they
:07:33. > :07:37.give us compensation, we will not leave. If we have today here, we
:07:38. > :07:43.will. The manufacturer is offering to pay full benefits by 2015. But
:07:44. > :07:47.the workers say that is not enough to end the strike. As long as the
:07:48. > :07:53.stand outside the factory gates, police were weightier too. How many
:07:54. > :08:01.jobs have you had since you left school? `` police will be there too.
:08:02. > :08:05.According to a new report, millennial 's will be changing jobs
:08:06. > :08:07.more than previous generations. They expect to work for 13 different
:08:08. > :08:13.employers throughout their career. An average of three years per job.
:08:14. > :08:18.Strong growth in Asia means workers here are even less likely to stick
:08:19. > :08:22.with current employers. We asked some current workers in Mumbai about
:08:23. > :08:28.their future plans. Since I left school, this is my second job. I
:08:29. > :08:35.have started a business of my own. I would want to go back to a job.
:08:36. > :08:42.Again, there is a raise in salary. Stick with the same job. I would
:08:43. > :08:46.want to change my job if there were no opportunities for growth. If you
:08:47. > :08:53.are not learning anything knew, that is one reason you would change. I
:08:54. > :09:00.spoke with a head of human resources for a firm in Asia and asked which
:09:01. > :09:08.sectors are most affected by job hopping? Financial services, during
:09:09. > :09:17.those as bonus seasons `` during bonus seasons, also sales in Asia as
:09:18. > :09:22.well is digital market with emerging skills, regardless of what industry
:09:23. > :09:27.you are in, everybody is a technology company in one way or
:09:28. > :09:33.another. That is a high turnover, high demand area as well. Is it
:09:34. > :09:37.advisable to move from job to job in this current economic environment?
:09:38. > :09:44.It can be good as well as bad. As an employee, in your career,
:09:45. > :09:49.professionally, on the upside, you can command a significant switching
:09:50. > :09:54.premium to walk across the street to work for another company. How much
:09:55. > :10:01.of a premium? Depending on who you are, anywhere from ten to 20%.
:10:02. > :10:07.Compared with 2.5% annual pay increase. So significant economics
:10:08. > :10:13.in terms of whether you choose to go to another company or pointed with
:10:14. > :10:17.the same company for another year. That have a quick look at the
:10:18. > :10:22.markets. As you see, mixed sentiment for markets, despite the US stocks
:10:23. > :10:25.gaining overnight, as investors cheered earnings, economic data, and
:10:26. > :10:29.announcements that interest rates will not rise even after the Fed
:10:30. > :10:37.moves on its asset purchase programme. Thank you for investing
:10:38. > :10:40.your time with us. Goodbye for now. The top stories this hour. Families
:10:41. > :10:43.are continuing their agonising wait for news of all those still missing
:10:44. > :10:48.after the South Korean ferry disaster. Ukrainian government
:10:49. > :10:51.troops have clashed with pro`Russian groups in the east of the country,
:10:52. > :10:52.as international peace talks are set to