• $ 1.7
  • € 2.0167
  • ₽ 0.022015
  • ₺ 0.0389
  • £ 2.314

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
Yelo Bank hosts its first-ever "Yelo Investment Panel"
Business 15:33
Yelo Bank hosts its first-ever "Yelo Investment Panel"
Number of taxpayers in Azerbaijan reaches 1.68 million as of Feb. 1
Business 14:00
Number of taxpayers in Azerbaijan reaches 1.68 million as of Feb. 1
Gold prices fall slightly on US inflation data
Business 13:00
Gold prices fall slightly on US inflation data
Serbian military orchestra performs 'Ay Lachin' song at dinner in honor of Ilham Aliyev's visit
Business 10:00
Serbian military orchestra performs 'Ay Lachin' song at dinner in honor of Ilham Aliyev's visit
Oil prices stable amid tensions between US and Iran
Business 09:30
Oil prices stable amid tensions between US and Iran
CBA currency exchange rates (16.02.2026)
Business 09:00
CBA currency exchange rates (16.02.2026)
IPO process must become continuous – Farid Akhundov
Business 18:00
IPO process must become continuous – Farid Akhundov
Azerbaijani delegation crosses land border into Armenia for civil society talks
Business 17:30
Azerbaijani delegation crosses land border into Armenia for civil society talks
Azerbaijan may privatise state firms via capital markets, BSE chair says
Business 17:00
Azerbaijan may privatise state firms via capital markets, BSE chair says
Anews TV

Our official Youtube channel

Subscribe