• $
  • £

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 to regulate duty-free shops under customs code changes
Business 17:30
Azerbaijan to regulate duty-free shops under customs code changes
ADB puts Baku metro, rail and green energy among priorities for Azerbaijan
Business 17:00
ADB puts Baku metro, rail and green energy among priorities for Azerbaijan
ACG oil output falls as costs rise in first quarter, BP says
Business 16:30
ACG oil output falls as costs rise in first quarter, BP says
Get Your Tender Guarantee Fully Online via Yelo Internet Banking!
Business 15:37
Get Your Tender Guarantee Fully Online via Yelo Internet Banking!
Second stage of seismic surveys begins at Karabakh field
Business 15:30
Second stage of seismic surveys begins at Karabakh field
BP says gas and condensate output at Shah Deniz remains stable
Business 15:00
BP says gas and condensate output at Shah Deniz remains stable
Azeri Light remains above Azerbaijan’s budget benchmark
Business 14:30
Azeri Light remains above Azerbaijan’s budget benchmark
A new chapter in digital transformation at YeloBank
Business 12:47
A new chapter in digital transformation at YeloBank
Brent oil price exceeds $111
Business 12:00
Brent oil price exceeds $111
Anews TV

Our official Youtube channel

Subscribe