Toyota raises full-year profit forecast

Japan's biggest car manufacturer, Toyota, has raised its full-year profit forecast by 12.4%, citing a weaker yen and cost cutting efforts.

Toyota profit nearly doubles to $17.8bn

Japanese carmaker Toyota has seen its profits nearly double, boosted by the yen's weakness and cost cutting. It made a net profit of 1.82 trillion yen ($17.8bn; £10.5bn) in the year to 31 March, up from 962bn yen a year ago.