SYDNEY [url=http://www.cheapmlbmetsshop.com/tim-tebow/]http://www.cheapmlbmetsshop.com/tim-tebow/[/url] , Sept. 4 (Xinhua) -- Australian company profits were down for the second quarter of 2017, according to figures released on Monday, with a 4.5 percent drop overall recorded.
The drop was felt the hardest in the mining sector, which posted a 11.5 percent downswing in their profits for the period, due to the overall fall in commodity prices, particularly iron ore and other base metals.
Profits in the mining sector had reached a record high in the last quarter, according to Kristina Clifton [url=http://www.cheapmlbmetsshop.com/gary-carter/]http://www.cheapmlbmetsshop.com/gary-carter/[/url] , an economist at the Commonwealth Bank of Australia (CBA), who told Xinhua on Monday that the annual rate of growth for the miners has been 49.5 percent.
"The fall in mining sector profits reflects lower commodity prices. However bulk commodity prices have risen strongly so far in the third quarter, and profits seem set to rebound again," Clifton said.
The huge downswing was not felt overall, with non-mining profits down only 0.6 percent for the second quarter of the year, while still being up 10.9 percent for the year overall.
There were record profits this year of 304 billion Australian dollars (242.18 billion U.S. dollars), according to the chief economist at the CBA [url=http://www.cheapmlbmetsshop.com/lenny-dykstra/]http://www.cheapmlbmetsshop.com/lenny-dykstra/[/url] , Craig James, who said that this has led to businesses seeking to hire more staff across the country.
"The profit data further explains why businesses are keen to employ more staff. Job ads lifted another 2 percent in August," James said.
"Last week, data indicated that businesses were investing again. And more importantly, they expect to keep on investing over the coming year. All the pieces of the puzzle are falling into shape - the economy is set to pick up pace."
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China on Thursday passed a new rule regulating public accounts on instant messaging services [url=http://www.cheapmlbmetsshop.com/mookie-wilson/]http://www.cheapmlbmetsshop.com/mookie-wilson/[/url] , requiring real-name registration for account operators in a bid to crack down on online rumors, libel and illegal information involving pornography and violence.
The regulation, published by the State Internet Information Office (SIIO), is aimed at promoting the "healthy development of instant messaging services" and "safeguarding national security and public interests," it reads. It takes immediate effect.
Among various instant messaging services, WeChat, a popular mobile app developed by Internet technology giant Tencent [url=http://www.cheapmlbmetsshop.com/jay-bruce/]http://www.cheapmlbmetsshop.com/jay-bruce/[/url] , is considered to be a major target of the regulation. It currently has 5.8 million public accounts after introducing the function in August 2012.
Operators of these public accounts include individuals, government organs, media outlets, social organizations and companies.
The new rule stipulates that operators of public accounts should register with their real names and be put on record with Internet managing authorities after the service provider's review.
It also states that users should keep "seven bottom lines," which include abiding by laws and regulations, the socialist system, national interests [url=http://www.cheapmlbmetsshop.com/yoenis-cespedes/]http://www.cheapmlbmetsshop.com/yoenis-cespedes/[/url] , the legitimate rights and interests of citizens, public order, social morality and ensure information authenticity.
The real-name registration requirement only applies to public accounts, and they can still customize their account name. Tencent has already been deploying the procedure, requesting registrants to provide a clear picture of them holding their ID card, or provide a business license for organizations, a public relations manager told the Global Times via e-mail.
Another clause in the new rule attracted wide attention [url=http://www.cheapmlbmetsshop.com/jacob-degrom/]http://www.cheapmlbmetsshop.com/jacob-degrom/[/url] , as only public accounts operated by media outlets, or those with an Internet news service certificate, can publish or repost political news. Others are not allowed to do so "without approval."
The new rule did not define "political news," while a 2005 Internet news service regulation defines it as "reports and commentaries related to political, economic, military and diplomatic affairs as well as breaking events."
Several public account operators who wrote about political and social affairs reached by the Global Times said they still need to observe the actual implementation, and called for a clearer definition as many accounts publish analysis and commentary on hot topics [url=http://www.cheapmlbmetsshop.com/noah-syndergaard/]http://www.cheapmlbmetsshop.com/noah-syndergaard/[/url] , other than publishing news.
"It will not have a big influence on us as we mainly focus on analysis of macro-economic and public policies. But we will pay special attention, or tone down content related to 'pure politics,' as we did," an operator of Zgtrend, a Guangzhou-based research institute that has a popular WeChat public account, told the Global Times on condition of anonymity.
However, accounts that publish unofficial historical anecdotes and political gossip are expected to be affected which might reduce content variety on the platform.
Fang Xingdong [url=http://www.cheapmlbmetsshop.com/michael-conforto/]http://www.cheapmlbmetsshop.com/michael-conforto/[/url] , founder of China's leading high-tech think tank chinalabs, told the Global Times that these public accounts are unlikely to all shut as the rule leaves some leniency and those that provide accurate and positive analysis could be kept going "with approval."
Tencent also told the Global Times that it would not conduct massive-scale shutdowns of current accounts and hopes operators could publish content in accordance to the rule, or they will be punished accordingly.
In response to questions as to whether the new rule might be a tool to suppress freedom of speech, Xu Feng, head of mobile Internet management at the SIIO, said that it will promote the quality of.
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