• $
  • £

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
Reuters: Central banks plan to cut dollar reserves
Business 15:30
Reuters: Central banks plan to cut dollar reserves
Azerbaijan to improve efficiency of healthcare spending, minister says
Business 13:00
Azerbaijan to improve efficiency of healthcare spending, minister says
TANAP has transported nearly 100 bcm of Azerbaijani gas
Business 12:30
TANAP has transported nearly 100 bcm of Azerbaijani gas
Azerbaijan to spend nearly 2 bln manat on agriculture programme
Business 12:00
Azerbaijan to spend nearly 2 bln manat on agriculture programme
Azerbaijan clears 1.8 bln manat of receivables from previous years
Business 11:59
Azerbaijan clears 1.8 bln manat of receivables from previous years
Gold prices decline on global markets
Business 11:30
Gold prices decline on global markets
Azerbaijan central bank keeps dollar rate unchanged
Business 10:59
Azerbaijan central bank keeps dollar rate unchanged
Azeri Light oil rises nearly 2%
Business 10:03
Azeri Light oil rises nearly 2%
Bank Respublika and the OPEC Fund sign an agreement to support entrepreneurship in Azerbaijan
Business 10:00
Bank Respublika and the OPEC Fund sign an agreement to support entrepreneurship in Azerbaijan
Anews TV

Our official Youtube channel

Subscribe