:00:00. > :00:00.A report has said that 1400 children in South Yorkshire were sexually
:00:00. > :00:07.exploited over 15 years. It was suppressed by local authorities and
:00:08. > :00:11.the police. Now, at this time for Asia Business Report. `` it is time
:00:12. > :00:22.for. Pay`outs from the company behind the
:00:23. > :00:31.Fukushima disaster in Japan. Just how hard will it hit Tepco? And,
:00:32. > :00:39.milking the profits. Will China's dairy industry report show strong
:00:40. > :00:45.prices in the face of deficits? Thank you for joining us.
:00:46. > :00:50.Just what are the limits of corporate responsibility? That is a
:00:51. > :00:57.question that has been considered by a court in Japan. It has ruled that
:00:58. > :01:01.the company that owns the Fukushima powerplant is responsible for a debt
:01:02. > :01:05.of a woman who committed suicide after the 2011 disaster. She and her
:01:06. > :01:09.husband were forced to leave their home because of the radioactive
:01:10. > :01:16.fallout from the facility. Tepco has been ordered to pay nearly half $1
:01:17. > :01:21.million in compensation to Roxas in. `` her husband.
:01:22. > :01:26.This man walked into court holding a picture of his dead wife. She fell
:01:27. > :01:31.into deep depression after being forced from her home by the
:01:32. > :01:35.Fukushima nuclear disaster. A month later, she took her own life. When
:01:36. > :01:44.it came, the court's decision was emphatic. Tokyo Electric Power,
:01:45. > :01:48.guilty of causing her death. At a press conference, her husband said
:01:49. > :01:54.he was overwhelmed by the decision. TRANSLATION: When I heard the words,
:01:55. > :01:58.there is a great causal relationship, my tears would not
:01:59. > :02:03.stop. Mr Watanabe said he only wanted Tepco to apologise for the
:02:04. > :02:07.misery it had caused his wife. This could open the way for many more to
:02:08. > :02:15.pursue compensation from Tokyo Electric Power. According to initial
:02:16. > :02:18.figures, more than 40 people have killed themselves since 2011 as a
:02:19. > :02:23.result of nuclear disaster. Tens of thousands more were forced to flee
:02:24. > :02:29.their homes after the disaster, and many still are unable to return now.
:02:30. > :02:34.Then, there is the even more thorny issue of radiation related
:02:35. > :02:38.illnesses. Hundreds of thousands of children are being screened for
:02:39. > :02:42.possible thyroid cancer, and Tepco's legal problems now stretch
:02:43. > :02:45.all the way to the US. A group of sailors who served in Japan during
:02:46. > :02:52.the disaster is trying to vile and huge lawsuit against Tepco, saying
:02:53. > :02:56.they are suffering from a host of rare illnesses because they were
:02:57. > :03:03.exposed to radiation. For Tokyo Electric Power, it is clear this
:03:04. > :03:15.ruling is just beginning. In other business news, Potts Hill,
:03:16. > :03:20.`` Mozilla has launched a new low`cost smartphones in India.
:03:21. > :03:25.Indians will only be able to buy the phone on India's online shopping
:03:26. > :03:34.site. It will cost just over 30 US dollars. Globally, there are more
:03:35. > :03:42.than a dozen companies fiercely competing in food. The industry is
:03:43. > :03:48.dominated in China by a large dairy company, which revealed its
:03:49. > :03:54.half`year earnings week. They are looking at other ways to make money,
:03:55. > :03:57.and this company has recently decided to venture into the year of
:03:58. > :04:01.business. Will this strategy payoff? We take a look at China's dairy
:04:02. > :04:07.industry. All right, so it is a bull, not a
:04:08. > :04:12.cow, but it is close enough, and it is right here in the centre of
:04:13. > :04:18.Shanghai's financial district, where analysts arguing with some caution
:04:19. > :04:23.one industry in particular, the dairy sector. Last year, as a result
:04:24. > :04:29.of food safety is scarce and other scandals, there was an increased
:04:30. > :04:33.demand for imported milk. But it seems China overdid it, and it is
:04:34. > :04:37.now sitting on a huge stockpile, 400,000 tons or more of powdered
:04:38. > :04:42.milk, and prices are being depressed as a result. The big dairy companies
:04:43. > :04:46.will be hoping that the bid is short lived, and that China's changing
:04:47. > :04:54.consumer habits mean that recovery is all but inevitable. TRANSLATION:
:04:55. > :04:58.China is changing a lot, more Western food and European food. As
:04:59. > :05:07.part of that, more milk and yoghurt as well? Why do you think that is?
:05:08. > :05:12.Yoghurt, I love yoghurt. Delicious. People want to be European, to be
:05:13. > :05:15.international. It is not so much like before, people eating rice
:05:16. > :05:22.noodles every day. More like Europeans. As part of that, more
:05:23. > :05:28.milk and more yoghurt? I think Joe Vitt is very popular, milk tastes
:05:29. > :05:34.very simple and it doesn't smell very nice. Yoghurt is good for your
:05:35. > :05:40.stomach and there is more health and it is good feel stomach. This is not
:05:41. > :05:44.just good news for domestic producers, but the whole global
:05:45. > :05:47.industry. It may be struggling with low prices at the moment, but the
:05:48. > :05:52.consensus is that it shouldn't be too long. Maybe early next year
:05:53. > :06:00.before it returns to its old, bullish form.
:06:01. > :06:03.Are you happy with what you earn? Do you think you are in the running for
:06:04. > :06:07.a pay rise? A new survey has shown that while salaries across the
:06:08. > :06:10.Asia`Pacific are expected to increase next year, the higher cost
:06:11. > :06:15.of living will probably chew up most of your extra money. Wages in China
:06:16. > :06:19.could go up by 5% after inflation, and both will percent in Vietnam,
:06:20. > :06:24.they will rise less than 1% in Japan. The industry you work in is
:06:25. > :06:29.also important, with the biggest pay rises tipped for the pharmaceutical
:06:30. > :06:35.and high`tech industries. We are speaking to someone who oversaw the
:06:36. > :06:40.research. I think it really depends on the affordability. If your
:06:41. > :06:45.revenues are rising more than the cost, then you can afford to be more
:06:46. > :06:49.aggressive with your salary increases in the cost companies.
:06:50. > :06:53.Another point to note is the differentiation. With budgets being
:06:54. > :06:59.limited, you really need to differentiate between your average
:07:00. > :07:06.employees, and your skilled employees. In Singapore, if the
:07:07. > :07:12.average increases around 4.5%, that doesn't mean that everyone will get
:07:13. > :07:16.4.5%. It can mean that for your high potentials or your critical skills
:07:17. > :07:23.staff, the increase could be 8%, 10%, and for low performers, the
:07:24. > :07:28.increase could be zero. Or, you can just get an inflation increase at
:07:29. > :07:35.2%. You collected data from 2900 sets of responses across the region,
:07:36. > :07:39.and the price hikes, the salary hikes will be in pharmaceuticals and
:07:40. > :07:44.high`tech sectors. In the financial sector, we have been going through a
:07:45. > :07:50.financial crisis over the past several years. Why still an
:07:51. > :07:56.increased Sella I think if you look at the pharmaceutical sector has
:07:57. > :07:59.posted the financial services sector, I think everyone needs some
:08:00. > :08:08.point increase. That is because of inflation. Also, what we are seeing
:08:09. > :08:13.in the sector is the basic shift from high variable pay to paying
:08:14. > :08:20.more on the base salary front. That is a movement of the pay mix in
:08:21. > :08:24.financial services. In a move that is set to create the world's
:08:25. > :08:29.third`largest fast food chain, Burger King says it has bought
:08:30. > :08:37.Canadian coffee and doughnuts chain Tim Hortons for around $11 billion.
:08:38. > :08:42.This could have ramifications for many Burger King outlets here.
:08:43. > :08:46.Burger King may have moved their headquarters to Canada, which may
:08:47. > :08:51.help them save on tax. It is a deal bringing together
:08:52. > :08:57.18,000 stores, together in 100 countries. Of course, there is big
:08:58. > :09:00.money behind it. The majority shareholder will be a Brazilian
:09:01. > :09:05.private equity company, and it will also involve money from one of the
:09:06. > :09:09.world's richest men, billionaire investor Warren Buffett, who is
:09:10. > :09:12.putting up some of the finance. To understand why Burger King is
:09:13. > :09:17.getting into this, you can see the motto, we deliver. The problem is,
:09:18. > :09:25.that the segment, or the demand for lunch and dinner at fast food places
:09:26. > :09:30.hasn't really changed much. Two doors down is a doughnut shop, and
:09:31. > :09:34.that is the only area that has been growing. That is why Burger King are
:09:35. > :09:41.so keen to get their hands on the Canadian company, Tim Hortons, or
:09:42. > :09:48.Tim's as it is known in this country. They will be keen to bring
:09:49. > :09:54.that together with their burgers, which is not without controversy. It
:09:55. > :09:57.centres around taxes. Burger King is moving its headquarters in to
:09:58. > :10:02.Canada, the reason being, some say, to lower the tax bill that it pays.
:10:03. > :10:07.The company's chief executive said that wasn't the case. Tax was not
:10:08. > :10:12.the reason behind the deal, but there may be some scepticism.
:10:13. > :10:15.Consumers have taken to social media to complain, and the White House in
:10:16. > :10:20.the past has called these kinds of deals unpatriotic, but their
:10:21. > :10:25.attempts to introduce a law to ban this failed, and they were unable to
:10:26. > :10:28.pass a law in Congress before the summer recess. Thank you for joining
:10:29. > :10:42.us. Our top stories: There have been
:10:43. > :10:44.celebrations in Gaza city at the announcement of a