• $
  • €
  • ₽
  • ₺
  • £

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 Streamlines Finance Ministry Role Over Major State Companies' Budgets
Business 18:00
Azerbaijan Streamlines Finance Ministry Role Over Major State Companies' Budgets
Gold and Silver Prices Decline on COMEX
Business 17:30
Gold and Silver Prices Decline on COMEX
Global Oil Prices Rise on ICE and NYMEX
Business 17:00
Global Oil Prices Rise on ICE and NYMEX
Azerbaijan to Raise Need Criterion to 314 Manats for 2027
Business 16:30
Azerbaijan to Raise Need Criterion to 314 Manats for 2027
Armenian Parliament Ratifies Strategic Framework Agreement with US on TRIPP Project
Business 14:30
Armenian Parliament Ratifies Strategic Framework Agreement with US on TRIPP Project
Azerbaijani Traffic Police Issues Warning to E-Scooter Riders
Business 13:31
Azerbaijani Traffic Police Issues Warning to E-Scooter Riders
NBCO Loan Portfolios Can Serve as Collateral for Long-Term Bank Financing
Business 13:00
NBCO Loan Portfolios Can Serve as Collateral for Long-Term Bank Financing
Azerbaijani NBCO Assets Expand Two- to Threefold as Central Bank Updates Legal Framework
Business 12:30
Azerbaijani NBCO Assets Expand Two- to Threefold as Central Bank Updates Legal Framework
PASHA Bank launches new bonus miles program for Miles&Smiles PASHA Bank cardholders
Business 12:00
PASHA Bank launches new bonus miles program for Miles&Smiles PASHA Bank cardholders
Anews TV

Our official Youtube channel

Subscribe