• $
  • £

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
BP to build pipeline bundle plant in Byandovan for Karabakh project
Business 11:30
BP to build pipeline bundle plant in Byandovan for Karabakh project
Secret Service shoots armed suspect near White House, Trump safe
Business 10:00
Secret Service shoots armed suspect near White House, Trump safe
Azerbaijan keeps dollar rate unchanged at 1.7 manats
Business 09:29
Azerbaijan keeps dollar rate unchanged at 1.7 manats
Microloan portfolio rises 3% in first quarter
Business 17:01
Microloan portfolio rises 3% in first quarter
Oil falls after Trump statement on ships in Strait of Hormuz
Business 12:30
Oil falls after Trump statement on ships in Strait of Hormuz
Another Russian fertilizer shipment sent to Armenia via Azerbaijan
Business 12:00
Another Russian fertilizer shipment sent to Armenia via Azerbaijan



The International Carpet Festival has launched with the
partnership of ABB Bank!
Business 18:03
The International Carpet Festival has launched with the partnership of ABB Bank!
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
Anews TV

Our official Youtube channel

Subscribe