• $ 1.7
  • € 1.9738
  • ₽ 0.021849
  • ₺ 0.0393
  • £ 2.276

Mitsubishi Motors shares keep falling after fuel scandal

Mitsubishi Motors shares keep falling after fuel scandal
25.04.2016 15:30
Shares in car maker Mitsubishi Motors continued to fall on Monday after the car maker admitted rigging fuel efficiency tests.

After dramatic two-digit tumbles in the past week, shares fell by another 2.6%.

The Japanese company is expected to announce annual results on Wednesday with media reports suggesting it may skip its earnings forecast originally scheduled for the same day.

Tokyo's benchmark Nikkei 225 fell 0.4% to 17,505.88 points.

Traders were cautious ahead of an important Bank of Japan meeting where the lender might decide on more monetary easing.

The country's central bank will on Thursday decide on its interest rate which currently is negative as an attempt to spur growth.
Hong Kong's Hang Seng fell slightly by 0.6% to 21,333.53 while the mainland's Shanghai Composite fell by 1% to 2,927.96.
In Korea, the Kospi index was also flat at 2,015.50 points.

Markets in Australia and New Zealand remained closed due to the Anzac Day holiday.

(BBC)

www.ann.az
Similar news
Similar news
Azerbaijan’s GDP grows 1.4% in 2025 — statistics agency
Business 15:30
Azerbaijan’s GDP grows 1.4% in 2025 — statistics agency
Silver prices hit all-time high, surging past $93 per ounce
Business 15:00
Silver prices hit all-time high, surging past $93 per ounce
Tax data point to economic growth in Azerbaijan
Business 14:00
Tax data point to economic growth in Azerbaijan
Brent oil prices steady as easing Iran tensions lower supply risks
Business 13:30
Brent oil prices steady as easing Iran tensions lower supply risks
Gold prices hover near record highs as global demand surges
Business 12:00
Gold prices hover near record highs as global demand surges
Emin Agalarov to headline real estate summit in Tashkent
Business 11:00
Emin Agalarov to headline real estate summit in Tashkent
Azeri Light crude prices surge past $70 per barrel
Business 09:30
Azeri Light crude prices surge past $70 per barrel
Subway enters Azerbaijan under new master franchise agreement
Business 17:20
Subway enters Azerbaijan under new master franchise agreement
Moscow expects visit by Trump representatives — Kremlin
Business 16:00
Moscow expects visit by Trump representatives — Kremlin
Anews TV

Our official Youtube channel

Subscribe