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Toyota on Tuesday said its net profit for the three months to June jumped 10 percent to $5.2 billion, crediting a weak yen and cost cuts, while it also boosted its annual sales forecast. The Japanese giant's vehicle sales were slightly lower at 2.1 million vehicles in the quarter. "Favourable foreign exchange rates and cost reduction efforts were (the) main positive factors, while decreased vehicle sales and increased expenses to support initiatives for enhancing competitiveness were negative factors," Toyota Managing Officer Tetsuya Otake said in a statement.
One of Australia's highest profile indigenous athletes on Tuesday said he hopes to put a racism controversy behind him in announcing his return to Australian Rules football after being humbled by an outpouring of support. Adam Goodes had been on indefinite leave after persistent jeering of him this season recently reached a climax, which was condemned by some as racist. There were fears the 35-year-old star, a former Australian of the Year, may call it quits but he turned up for training with the Sydney Swans Tuesday after missing a weekend fixture.
Pakistan executed a convicted child killer Tuesday, brushing aside a storm of protests from rights groups that his confession had been extracted by torture and he was a minor at the time of the crime. Shafqat Hussain was hanged shortly before dawn at a jail in Karachi for killing a seven-year-old boy in the city in 2004, his brother and a prison official told AFP. The case prompted grave international concern, drawing protests from the United Nations, as his lawyers and family said he was only 15 at the time of the killing and was tortured into making a false confession.