:00:00. > :00:14.Now on BBC News, all the latest business news live from Singapore.
:00:15. > :00:17.Searching for more profit. Google disappointed the market with
:00:18. > :00:20.Searching for more profit. Google disappointed the market with its
:00:21. > :00:24.latest financial earnings. And we will find out about a surprising
:00:25. > :00:30.study that says a good boss might be bad for your health.
:00:31. > :00:40.Good morning. It's Friday. Glad you can join us for Asia Business
:00:41. > :00:45.Report. Earnings of Google disappointed the market despite a
:00:46. > :00:51.20% increase in profits in the first three months of the year. Revenues
:00:52. > :00:57.of the world's discount any rising to over $20 billion, about to not
:00:58. > :01:00.stop shares tumbling more than 4% in late trade. A North American
:01:01. > :01:09.correspondent gave us this update after the hearing. The thing that
:01:10. > :01:12.seems to emerge is this push and pull between advertising revenue
:01:13. > :01:18.growth on the one hand, and what the company is spending on things that
:01:19. > :01:23.aren't related to ads, essentially. Become P's chief financial officer
:01:24. > :01:29.spilt out that the company would continue to spend money on its other
:01:30. > :01:33.bets. It would try to spend money smartly, a reference to try to calm
:01:34. > :01:38.investors it would continue to invest in new advertising related
:01:39. > :01:42.spending. But it also said it would continue to focus on things like
:01:43. > :01:46.fibre. This is where it is trying to build the infrastructure that people
:01:47. > :01:51.need to try to get access to Internet connection. This is
:01:52. > :01:55.something that is very capital intensive and has been reflected in
:01:56. > :02:01.the numbers. If you look at other bets, part of their business that
:02:02. > :02:06.includes fibre, revenue was $116 million, but the operating loss for
:02:07. > :02:10.the whole other bets at of the business was $802 million, and that
:02:11. > :02:16.is why you are seeing investors on Wall Street worried. Is the weak
:02:17. > :02:24.computer market affecting its bottom line? It seems to be a company like
:02:25. > :02:28.Intel which is being affected by changing consumer habits. On the one
:02:29. > :02:31.hand, they are trying to deal with a market where people are moving away
:02:32. > :02:38.from personal computers, but if you do deeper into the results, although
:02:39. > :02:42.they have reported a loss, a profit loss, things like sales of its
:02:43. > :02:48.surface tablet did remarkably well. That revenue was up higher. How is
:02:49. > :02:52.this company doing in terms of making progress in its cloud
:02:53. > :02:57.computing business? It seems to be singing some strength there. That
:02:58. > :03:00.may offer some cheer for investors, but not right now because stock is
:03:01. > :03:04.trading well since the numbers came out. There is more disappointment
:03:05. > :03:12.when it comes to earnings in corporate America. You also have the
:03:13. > :03:17.earnings of Gladstone plummeting 77% to $371 million. It has been put
:03:18. > :03:22.down to the rollercoaster ride that he had a bull market in the first
:03:23. > :03:31.three months of the year. -- that has been put down to the
:03:32. > :03:34.rollercoaster ride that he D. Revenue expectations were also
:03:35. > :03:41.missed the second quarter in a coffee chain. It came slightly under
:03:42. > :03:45.what was forecast at $49 billion. There was solid sales in Asia
:03:46. > :03:50.helping to offset slower growth in Europe, but still missing market
:03:51. > :03:55.expectations. Iraq Obama is enduring and high on his agenda is a free
:03:56. > :04:03.trade agreement between the two sides called the TTI P -- Barack
:04:04. > :04:08.Obama. He is expected to pass a similar deal with Asia before he
:04:09. > :04:10.leaves office. But it is not a popular topic ahead of the
:04:11. > :04:17.presidential elections. If there is one thing these
:04:18. > :04:23.presidential candidates may come close to agreeing, it is free trade.
:04:24. > :04:28.Our country is being ripped off. Disastrous trade agreements written
:04:29. > :04:35.by corporate America. We have lost American jobs. What do voters want?
:04:36. > :04:41.Fair trade agreements that allow manufacturing jobs to return to
:04:42. > :04:45.America. We are against the TTI P and other trade treaties because
:04:46. > :04:52.they move jobs from here abroad. But is it right that politicians and
:04:53. > :04:55.voters are blaming trade agreements for the loss of American jobs? They
:04:56. > :05:04.are trying to find something to blame. The country is fashion on
:05:05. > :05:11.tray. Support for trade deal is also falling in Europe. Only 17% of
:05:12. > :05:19.Germans support the agreement, down from 55% just two years ago. --
:05:20. > :05:23.fashioned on trade. Nearly 150,000 people have signed a petition to
:05:24. > :05:31.stop Obama from doing agreeing the deal. The 13th round of negotiations
:05:32. > :05:34.will be held in New York next week. Even if an agreement is reached
:05:35. > :05:37.before President Obama leaves office, there is now doubt over
:05:38. > :05:43.whether his successor will precede the deal. And the same uncertainty
:05:44. > :05:43.applies to another trade deal with nature, the transpacific
:05:44. > :05:53.partnership. Being an inspirational leader is
:05:54. > :05:56.probably the goal of most aspiring managers, but a strong leadership
:05:57. > :06:02.always have a positive impact on staff? A new study has found
:06:03. > :06:06.sickness levels in staff may be higher under leaders who inspire
:06:07. > :06:15.their teams to work above and beyond the call of duty. I spoke to the
:06:16. > :06:21.report of the earlier, and asked her what the study tells us about good
:06:22. > :06:25.bosses. It is quite surprisingly. We talk about inspirational leaders and
:06:26. > :06:31.transformational leaders, and these are leaders that formulate a clear
:06:32. > :06:35.vision for their teams, and also challenge them to problem solve and
:06:36. > :06:40.take responsibility for developing themselves in their jobs. These are
:06:41. > :06:43.things you should think where positive, and there is a lot of
:06:44. > :06:46.research showing this type of leadership is related to
:06:47. > :06:52.performance, and also more recently to well-being, work engagement and
:06:53. > :06:56.satisfaction in jobs. But we have looked at what are the consequences
:06:57. > :07:01.over time? Without doubt transformation and inspirational
:07:02. > :07:06.leadership in relation to sickness absenteeism, and found if you
:07:07. > :07:14.measure the leadership in the first year, any subsequent 12 months,
:07:15. > :07:21.those who report their work in a team with a transformational leader
:07:22. > :07:28.higher levels of sickness absenteeism to one side. So you say
:07:29. > :07:31.a good boss is bad for your health? So what should be done going forward
:07:32. > :07:37.for the so-called transformational leaders? They should make
:07:38. > :07:46.adjustments so that employees do not get sick. Yes. We can talk about
:07:47. > :07:50.pseudo- transformational leaders or authentic transformational leaders,
:07:51. > :07:54.so it is important that leaders are aware not only of employees
:07:55. > :07:59.performing well, also their health and well-being. So they display
:08:00. > :08:03.values that we take care of the channel, we do not expect you to be
:08:04. > :08:07.working at high levels of the time. That is part of the problem. If you
:08:08. > :08:11.perform above and beyond all the time, you don't have an opportunity
:08:12. > :08:16.to recover, and that is what leaders need to consider, making sure they
:08:17. > :08:20.display values they consider both performance and employee health and
:08:21. > :08:23.well-being, and make sure it is acceptable if you are not feeling
:08:24. > :08:29.well, you don't come in. You take the day off rather than coming in
:08:30. > :08:33.but you are ill. We found that increases sickness absenteeism if
:08:34. > :08:39.you come in while you are ill. Over time, it means you will be more
:08:40. > :08:49.likely to go on sick leave. I believe a good boss translates to
:08:50. > :08:58.good health. Let's now meets this person. He/she will? -- is she will?
:08:59. > :09:03.She smiles when people speak and asks you to take a photo, she is not
:09:04. > :09:07.human. A research team in China spent three years creating her. She
:09:08. > :09:13.is said to be one of the most realistic humanoid robots ever
:09:14. > :09:16.made, and has been on show at the China International technology fair
:09:17. > :09:22.in Shanghai. What do people make of her?
:09:23. > :09:25.TRANSLATION: She would be more lifelike if she had more bodyline
:09:26. > :09:29.which. I watched for a while and found out she can move her mouth and
:09:30. > :09:34.eyes that had limited range of hand movement -- body luggage. She would
:09:35. > :09:39.be more lively if her arms and legs moved more. I thought she was a real
:09:40. > :09:43.human when I passed by just now. I looked again from a distance and
:09:44. > :09:47.wondered why she did not move. I only found out you was a robot when
:09:48. > :09:54.I got closer. I was surprised the quiz she was so lifelike -- she was
:09:55. > :10:01.a robot. Japan's Nikkei is now open. It has been 40 minutes. Let's see
:10:02. > :10:07.what happens with Mitsubishi shares. They were unable to match orders
:10:08. > :10:13.from sellers, so no deals were executed for Mitsubishi. It comes
:10:14. > :10:17.after the Japanese car manufacturer admitted to falsifying fuel economy
:10:18. > :10:21.testator to make its emissions look more favourable. And as we can see
:10:22. > :10:26.it right now, the Tokyo stock exchange currently down by half a
:10:27. > :10:30.percent. The all ordinaries also in negative territory. Thank you for
:10:31. > :10:35.investing your time with us. Goodbye for now.