• $
  • £

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
Shah Deniz Alpha platform resumes gas production following planned maintenance
Business 18:00
Shah Deniz Alpha platform resumes gas production following planned maintenance
President Ilham Aliyev accepts credentials of new German Ambassador Dirk Lölken
Business 17:29
President Ilham Aliyev accepts credentials of new German Ambassador Dirk Lölken
Nikol Pashinyan announces imminent launch of Armenian exports to Azerbaijan
Business 16:30
Nikol Pashinyan announces imminent launch of Armenian exports to Azerbaijan
Nikol Pashinyan vows trade diversification, outlines SCR concession options
Business 16:00
Nikol Pashinyan vows trade diversification, outlines SCR concession options
Birbank Star Offers 5 Free Public Transport Trips Every Month
Business 15:38
Birbank Star Offers 5 Free Public Transport Trips Every Month
Full commissioning of Darnagul metro depot targeted for late 2027 or early 2028
Business 14:00
Full commissioning of Darnagul metro depot targeted for late 2027 or early 2028
Chinese train cars considered for Baku Metro expansion as talks held with CRRC
Business 13:00
Chinese train cars considered for Baku Metro expansion as talks held with CRRC
Baku Metro to procure nearly 200 new cars for Purple Line by 2030
Business 12:30
Baku Metro to procure nearly 200 new cars for Purple Line by 2030
Brent and WTI crude prices track lower on global commodity exchanges
Business 12:00
Brent and WTI crude prices track lower on global commodity exchanges
Anews TV

Our official Youtube channel

Subscribe