22/04/2016 Asia Business Report


22/04/2016

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Now on BBC News, all the latest business news live from Singapore.

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Searching for more profit. Google disappointed the market with

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Searching for more profit. Google disappointed the market with its

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latest financial earnings. And we will find out about a surprising

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study that says a good boss might be bad for your health.

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Good morning. It's Friday. Glad you can join us for Asia Business

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Report. Earnings of Google disappointed the market despite a

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20% increase in profits in the first three months of the year. Revenues

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of the world's discount any rising to over $20 billion, about to not

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stop shares tumbling more than 4% in late trade. A North American

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correspondent gave us this update after the hearing. The thing that

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seems to emerge is this push and pull between advertising revenue

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growth on the one hand, and what the company is spending on things that

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aren't related to ads, essentially. Become P's chief financial officer

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spilt out that the company would continue to spend money on its other

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bets. It would try to spend money smartly, a reference to try to calm

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investors it would continue to invest in new advertising related

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spending. But it also said it would continue to focus on things like

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fibre. This is where it is trying to build the infrastructure that people

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need to try to get access to Internet connection. This is

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something that is very capital intensive and has been reflected in

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the numbers. If you look at other bets, part of their business that

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includes fibre, revenue was $116 million, but the operating loss for

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the whole other bets at of the business was $802 million, and that

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is why you are seeing investors on Wall Street worried. Is the weak

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computer market affecting its bottom line? It seems to be a company like

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Intel which is being affected by changing consumer habits. On the one

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hand, they are trying to deal with a market where people are moving away

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from personal computers, but if you do deeper into the results, although

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they have reported a loss, a profit loss, things like sales of its

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surface tablet did remarkably well. That revenue was up higher. How is

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this company doing in terms of making progress in its cloud

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computing business? It seems to be singing some strength there. That

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may offer some cheer for investors, but not right now because stock is

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trading well since the numbers came out. There is more disappointment

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when it comes to earnings in corporate America. You also have the

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earnings of Gladstone plummeting 77% to $371 million. It has been put

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down to the rollercoaster ride that he had a bull market in the first

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three months of the year. -- that has been put down to the

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rollercoaster ride that he D. Revenue expectations were also

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missed the second quarter in a coffee chain. It came slightly under

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what was forecast at $49 billion. There was solid sales in Asia

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helping to offset slower growth in Europe, but still missing market

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expectations. Iraq Obama is enduring and high on his agenda is a free

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trade agreement between the two sides called the TTI P -- Barack

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Obama. He is expected to pass a similar deal with Asia before he

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leaves office. But it is not a popular topic ahead of the

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presidential elections. If there is one thing these

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presidential candidates may come close to agreeing, it is free trade.

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Our country is being ripped off. Disastrous trade agreements written

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by corporate America. We have lost American jobs. What do voters want?

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Fair trade agreements that allow manufacturing jobs to return to

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America. We are against the TTI P and other trade treaties because

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they move jobs from here abroad. But is it right that politicians and

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voters are blaming trade agreements for the loss of American jobs? They

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are trying to find something to blame. The country is fashion on

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tray. Support for trade deal is also falling in Europe. Only 17% of

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Germans support the agreement, down from 55% just two years ago. --

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fashioned on trade. Nearly 150,000 people have signed a petition to

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stop Obama from doing agreeing the deal. The 13th round of negotiations

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will be held in New York next week. Even if an agreement is reached

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before President Obama leaves office, there is now doubt over

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whether his successor will precede the deal. And the same uncertainty

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applies to another trade deal with nature, the transpacific

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partnership. Being an inspirational leader is

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probably the goal of most aspiring managers, but a strong leadership

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always have a positive impact on staff? A new study has found

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sickness levels in staff may be higher under leaders who inspire

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their teams to work above and beyond the call of duty. I spoke to the

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report of the earlier, and asked her what the study tells us about good

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bosses. It is quite surprisingly. We talk about inspirational leaders and

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transformational leaders, and these are leaders that formulate a clear

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vision for their teams, and also challenge them to problem solve and

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take responsibility for developing themselves in their jobs. These are

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things you should think where positive, and there is a lot of

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research showing this type of leadership is related to

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performance, and also more recently to well-being, work engagement and

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satisfaction in jobs. But we have looked at what are the consequences

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over time? Without doubt transformation and inspirational

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leadership in relation to sickness absenteeism, and found if you

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measure the leadership in the first year, any subsequent 12 months,

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those who report their work in a team with a transformational leader

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higher levels of sickness absenteeism to one side. So you say

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a good boss is bad for your health? So what should be done going forward

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for the so-called transformational leaders? They should make

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adjustments so that employees do not get sick. Yes. We can talk about

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pseudo- transformational leaders or authentic transformational leaders,

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so it is important that leaders are aware not only of employees

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performing well, also their health and well-being. So they display

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values that we take care of the channel, we do not expect you to be

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working at high levels of the time. That is part of the problem. If you

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perform above and beyond all the time, you don't have an opportunity

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to recover, and that is what leaders need to consider, making sure they

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display values they consider both performance and employee health and

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well-being, and make sure it is acceptable if you are not feeling

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well, you don't come in. You take the day off rather than coming in

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but you are ill. We found that increases sickness absenteeism if

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you come in while you are ill. Over time, it means you will be more

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likely to go on sick leave. I believe a good boss translates to

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good health. Let's now meets this person. He/she will? -- is she will?

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She smiles when people speak and asks you to take a photo, she is not

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human. A research team in China spent three years creating her. She

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is said to be one of the most realistic humanoid robots ever

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made, and has been on show at the China International technology fair

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in Shanghai. What do people make of her?

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TRANSLATION: She would be more lifelike if she had more bodyline

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which. I watched for a while and found out she can move her mouth and

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eyes that had limited range of hand movement -- body luggage. She would

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be more lively if her arms and legs moved more. I thought she was a real

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human when I passed by just now. I looked again from a distance and

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wondered why she did not move. I only found out you was a robot when

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I got closer. I was surprised the quiz she was so lifelike -- she was

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a robot. Japan's Nikkei is now open. It has been 40 minutes. Let's see

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what happens with Mitsubishi shares. They were unable to match orders

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from sellers, so no deals were executed for Mitsubishi. It comes

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after the Japanese car manufacturer admitted to falsifying fuel economy

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testator to make its emissions look more favourable. And as we can see

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it right now, the Tokyo stock exchange currently down by half a

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percent. The all ordinaries also in negative territory. Thank you for

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investing your time with us. Goodbye for now.

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