joininge ceo of adecco, us for his first interview of the day. we will get to the share buyback in a moment. have you seen material shift or removal from mandates as a result of coronavirus around the world? your first take. >> good morning, and no. we haven't seen any natural impact of the q4onavirus on the results of and even in the months of january. by that time, the impact was mainly limited to china but i said, at this stage, no impact of the coronavirus inactivity. in q4, we have delivered a strong set of results, we are strengthening. it is the sixth consecutive quarter of profitability improvement despite the lower review. thead a minus four in fourth quarter, strong set of results and we have announced a share buyback of 600 million over 2020 and 2021 on top of the dividends, which implies we real return one billion cash to all shareholders. nejra: great to speak with you this morning. any trends in temporary employment that would cause concern at this point, and if so, which regions are feeling that the most? alain: at this stage, but

also missing expectations falling $1.9 billion euros >> adecco swung profit in the fourth quarter but expressed concerns of the slow down among coronavirus outbreak the swiss human resource company posted a profit of $256 million euros. on an organic basis, they fell psa reported a 13% rise. although it warned of a 3% decline in the european auto market charlotte reed joins us from paris. >> reporter: at the moment, they don't see any disruption things are running as normal supply chain could be impacted some peers have mentioned they have a couple of weeks and they'll have to start closing plants saying at the moment, things are running as normal. this is an extra factor. they are already facing extra head winds sales in europe are slowing. they see sales going down by about 3% other head wind is china they have been very much going down in china. on top of all of this, you have all of the technical challenges. you have all of the investment being done to be future prove. electric cars. self-driving, et cetera, this comes with alliances and mergers pulled together to be able to face

i'm adecco group do. this is bloomberg.hery: still ahead, china's copper buyers are asking chilean miners to delay shipments. the outlook for commodities as the coronavirus continues to spread. southeast asian central bankers dealing with the outbreak. we assess that ahead with human pericles. this is bloomberg. ♪ shery: mrs. bloomberg markets: asia. southeast asian central banks have signaled strong policy action to counter the coronavirus outbreak. there is further room for easing in the local dollar. we saw that in the downward price action. the philippines underscored its willingness to ease. thailand cut rates in a move that many economists didn't predict. our next guest didn't predict that move. euben paracuelles joins us now from singapore. is this the new frontline? we've been talking for a few weeks now as to whether policymakers are increasingly looking to monetary policy in this part of the world to see what they can do to counter any kind of prolonged slowdown caused by the coronavirus, closing the borders, reta