• $
  • £

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’s central bank issues redesigned 100-manat banknote
Business 17:00
Azerbaijan’s central bank issues redesigned 100-manat banknote
Azerbaijan and Slovakia to cooperate in standardisation and metrology
Business 16:00
Azerbaijan and Slovakia to cooperate in standardisation and metrology
Azerbaijan’s banks spend 23.8 mln manats on government data access
Business 15:29
Azerbaijan’s banks spend 23.8 mln manats on government data access
ABB’s first-half net profit rises to 250.6 million manats
Business 15:00
ABB’s first-half net profit rises to 250.6 million manats
International airport at Alat Free Economic Zone expected to open by mid-2027
Business 14:00
International airport at Alat Free Economic Zone expected to open by mid-2027
Kapital Bank announces financial results for the second quarter of 2026
Business 13:01
Kapital Bank announces financial results for the second quarter of 2026
Azerbaijan expects direct Baku-Bratislava flights to launch soon, economy minister says
Business 13:00
Azerbaijan expects direct Baku-Bratislava flights to launch soon, economy minister says
Azerbaijan exports oil to around 20 countries, energy minister says
Business 12:30
Azerbaijan exports oil to around 20 countries, energy minister says
Azerbaijan has helped stabilize global oil market through OPEC+ for nearly a decade, minister says
Business 12:00
Azerbaijan has helped stabilize global oil market through OPEC+ for nearly a decade, minister says
Anews TV

Our official Youtube channel

Subscribe