:00:00. > :00:14.incredibly high on his priorities. Now, all the latest business news
:00:15. > :00:20.with Asia Business Report. An agricultural giant pledges to
:00:21. > :00:26.help stop deforestation. We ask if they will walk the talk. Immigrants
:00:27. > :00:29.to Australia have been struggling to find jobs because of rising
:00:30. > :00:42.unemployment and sometimes discrimination. One of the world's
:00:43. > :00:47.largest agricultural companies has pledged to root out deforestation
:00:48. > :00:54.from its supply chain. Cargill, which is a major palm oil producer
:00:55. > :00:58.and processor is growing like wheat and corn made the commitment at the
:00:59. > :01:03.UN Climate Summit in New York on Tuesday. They are among 40 companies
:01:04. > :01:10.that will try to end tropical deforestation by 2030. We asked the
:01:11. > :01:15.Cargill chief executive what led to this move. It is too big to ignore
:01:16. > :01:19.and that is why I want Cargill to be a leader and to be out in front,
:01:20. > :01:26.doing whatever we can, and bringing others with us relative to borrow
:01:27. > :01:29.station. It will add volatility, extreme temperatures, lack of
:01:30. > :01:35.rainfall or extreme rainfall. We believe that we are good at risk
:01:36. > :01:39.management and want to manage risk for our own businesses and our
:01:40. > :01:43.customers. In the past, companies and financial leaders have said that
:01:44. > :01:50.they cannot do anything about climate change because it would hurt
:01:51. > :01:57.economic growth. I think that we are at a tipping point. Are we at a
:01:58. > :02:03.tipping point where...? I think the mindset is changing. Economic growth
:02:04. > :02:08.and economic success are not incompatible with doing something
:02:09. > :02:14.about climate change. Not incompatible with taking deliberate
:02:15. > :02:18.and smart as specific steps to do whatever we can to build sustainable
:02:19. > :02:21.supply chains and to make sure we take steps to eradicate
:02:22. > :02:29.deforestation and climate change will stop I do not believe that they
:02:30. > :02:35.are incompatible and I do think that the momentum is significant. The
:02:36. > :02:41.chief executive of Cargill, talking to the BBC.
:02:42. > :02:46.Japan and the US have begun high`level talks in Washington,
:02:47. > :02:50.aimed at breaking a deadlock over a free`trade zone that would encompass
:02:51. > :02:54.over 40% of global output. Negotiations for the Trans`Pacific
:02:55. > :02:58.Partnership have stalled largely because Tokyo and Washington have
:02:59. > :03:01.failed to resolve their differences. Earlier, I asked one trade expert
:03:02. > :03:10.whether she thinks the deal can pass. On a positive note, Shinzo
:03:11. > :03:14.Abe, the Japanese prime minister, has been making a lot of speeches
:03:15. > :03:19.lately about the need for agricultural reform inside Japan.
:03:20. > :03:23.There is a window of opportunity here for the Japanese to seize the
:03:24. > :03:27.TPP talks as a mechanism for getting domestic reforms in an important
:03:28. > :03:31.sector for them. The Japanese and the Prime Minister Shinzo Abe
:03:32. > :03:38.pushing for these reforms... Are we likely to see this happen over the
:03:39. > :03:45.next few meetings in October and after the mid`term elections in the
:03:46. > :03:50.US? I hope so because if we do not see it then, the window of
:03:51. > :03:54.opportunity is shrinking. The timing is very important. In order to get
:03:55. > :04:01.the agreement as a whole across 12 parties to close, the portion
:04:02. > :04:06.between the US and Japan is crucial. And apart from the agricultural
:04:07. > :04:14.issue, there are barriers for automotive trade involving the other
:04:15. > :04:17.12 countries. There are also intellectual property rights and
:04:18. > :04:23.environmental protection as well. The last 48 hours are critical. That
:04:24. > :04:28.is when the sensitive issues get resolved. It is not until the bitter
:04:29. > :04:38.end that we will see resolution on these issues that you have
:04:39. > :04:44.mentioned. BlackBerry has held its first major smartphone launch in two
:04:45. > :04:49.years. Its new model is bigger but is it better? The company has been
:04:50. > :04:58.under heavy pressure to come up with a new product but will it be enough?
:04:59. > :05:03.Or is it simply too little too late? In the smartphone battle, BlackBerry
:05:04. > :05:07.has had a pretty torrid few years, it is fair to say, but this is the
:05:08. > :05:11.device it believes will get it back in the fight. It is called the
:05:12. > :05:19.passport and it has a keyboard. TPP are returning to what they see as
:05:20. > :05:25.their key strength. `` BlackBerry are returning to what they see as
:05:26. > :05:31.their key strength. The size and the shape of the model. We want to give
:05:32. > :05:40.people the real estate on the screen without compromising... It is big!
:05:41. > :05:44.It fits in your pocket quite easily. People still like the big
:05:45. > :05:52.screen and the keyboard, we only have three physical lines of keys.
:05:53. > :05:58.People will want to ask where are the apps? There are so many great
:05:59. > :06:04.apps you can have on other phones but you don't have them. We really
:06:05. > :06:09.have not yet proven ourselves in the market on that in this stage, but we
:06:10. > :06:15.do have the capacity for apps and we will be releasing these on this
:06:16. > :06:21.phone and other phones as well. If I want to play games and share photos,
:06:22. > :06:28.what about Instagram smack you can get all of those apps on the Amazon
:06:29. > :06:35.store. The truth is that your customers have all gone off to Apple
:06:36. > :06:37.and Android and they won't come back. I'm getting the complete
:06:38. > :06:45.opposite when we present this. They see the innovation, they see what we
:06:46. > :06:47.have done with the keyboard. They understand our security levels. And
:06:48. > :06:57.we have great battery life. 25 hours solid battery life. BHP Billiton is
:06:58. > :07:02.considering a secondary listing in London for its new spin`off company
:07:03. > :07:07.instead of Australia or South Africa. In August, BHP said it was
:07:08. > :07:11.separating its non`core mining assets of aluminium, coal, nickel,
:07:12. > :07:17.manganese and silver into a new entity, which analysts estimate
:07:18. > :07:21.could be worth $70 billion. Migrants have played a major role in
:07:22. > :07:25.Australia's long`term economic success but at the moment,
:07:26. > :07:29.unemployment tops 6% and a recent study by the Australian bureau of
:07:30. > :07:33.statistics says the outlook is even tougher for new migrants and
:07:34. > :07:38.temporary residents. One in three find it hard to land their first
:07:39. > :07:42.job. This chef spoke only Mandarin when
:07:43. > :07:48.he arrived in Australia from Beijing in the late 1980s. He now runs his
:07:49. > :07:52.own restaurant in Sydney. But in the early days, and lack of English was
:07:53. > :07:58.a real obstacle. Unable to find work, he went to college. It was the
:07:59. > :08:03.start of a successful journey. The language is the first priority to
:08:04. > :08:08.mix with the locals so I went to learn English. When you can
:08:09. > :08:19.communicate, you can start a new life. Life is good, family is good,
:08:20. > :08:26.children is good. All from working hard unemployment in Australia visa
:08:27. > :08:30.records not seen for more than a decade. Migrants from non`English
:08:31. > :08:33.speaking backgrounds have traditionally had higher rates of
:08:34. > :08:39.joblessness than other Australians and there are fears the gap will
:08:40. > :08:46.only widen as the situation gets worse. John arrived as a refugee ten
:08:47. > :08:50.years ago. He now has a degree in medical science but cannot break
:08:51. > :08:54.into his chosen field. About his time in Australia, he has found the
:08:55. > :09:02.labour market a tough challenge. I had to struggle for the first three
:09:03. > :09:06.years. I had to struggle to go to school. And then I had to go and get
:09:07. > :09:16.a factory job. That was very difficult. I had to keep trying
:09:17. > :09:18.until I got my first job. 25% of Australians were born overseas. This
:09:19. > :09:23.is a modern country built by successive waves of immigration.
:09:24. > :09:29.There is a belief that adversity has made the Australian economy
:09:30. > :09:31.stronger. There is an overwhelming consensus in Australia that
:09:32. > :09:33.multiculturalism and immigration has been a good thing. The links
:09:34. > :09:41.immigration and trade, foreign investment, have improved
:09:42. > :09:45.Australia's per capita income. Migrants often struggle to find a
:09:46. > :09:49.job in Australia because of a lack of relevant experience, language
:09:50. > :09:53.problems and discrimination. Most eventually overcome these initial
:09:54. > :09:58.struggles but if it gets even harder for new arrivals to find work, it
:09:59. > :10:05.will be a concern for the whole economy.
:10:06. > :10:09.Before we go, here is a quick look at the markets. Asia is currently in
:10:10. > :10:27.positive territory in early trading.
:10:28. > :10:40.Thank you for investing your time with us. Goodbye for now.
:10:41. > :10:41.This is BBC News. The