TOKYO, June 6 (Xinhua) -- Japanese auto giants Toyota and Mazda suspended production of five car models on Thursday due to fraudulent practices discovered in national certification tests, in the wake of a cheating scandal among five major Japanese automakers.
Following the order of Japanese transport ministry to halt shipments of affected models, Toyota Motor Corporation halted production of three models, including Yaris Cross, at its factories in the prefectures of Miyagi and Iwate, with the suspension expected to last until June 28. (Japan-Automaker-Fraud)
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ULAN BATOR -- Mongolia witnessed a notable surge in foreign direct investment (FDI) during the first quarter of this year, with a total of 885 million U.S. dollars attracted, marking a remarkable 73-percent increase compared to the same period last year, according to the country's Minister of Economy and Development Chimed Khurelbaatar on Thursday.
Khurelbaatar further highlighted that mining stood out as the primary sector driving the FDI influx during January to March, representing a substantial 79 percent of the total. (Mongolia-FDI)
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ISLAMABAD -- The State Bank of Pakistan (SBP) said Thursday that its foreign exchange reserves had increased by 16 million U.S. dollars.
During the week ending on May 31, the total foreign exchange reserves of the bank moved to around 9.1 billion dollars, the SBP said in a statement. (Pakistan-Foreign Reserve)
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KUALA LUMPUR -- Ties between Malaysia and China remain strong and fruitful as the two countries mark the 50th anniversary since the establishment of diplomatic ties, Malaysian Prime Minister Anwar Ibrahim said on Thursday.
In his keynote address at the 37th Asia-Pacific Roundtable (APR), Anwar highlighted the fact that China is the Southeast nation's largest trade partner, a key investor and a close bilateral and multilateral partner, while noting the success it has had especially in poverty eradication. (Malaysia-China-Ties) ■
