• $
  • €
  • ₽
  • ₺
  • £

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 transport and warehousing sector expands 10% in 9M 2026
Business 17:30
Azerbaijan transport and warehousing sector expands 10% in 9M 2026
Nakhchivan trade up 67% in 9M 2026 as deficit surges 47-fold
Business 15:56
Nakhchivan trade up 67% in 9M 2026 as deficit surges 47-fold
iTicket now available in ABB mobile!
Business 14:40
iTicket now available in ABB mobile!
ABB Bank to host international Risk Forum in Baku
Business 14:00
ABB Bank to host international Risk Forum in Baku
Bir brings its digital banking experience to Istanbul Fintech Week
Business 13:30
Bir brings its digital banking experience to Istanbul Fintech Week
Dollar steady at 1.70, ruble advances
Business 12:30
Dollar steady at 1.70, ruble advances
İMF sharply raises global oil price forecasts
Business 12:00
İMF sharply raises global oil price forecasts
OPEC affirms oil’s dominance in future energy mix
Business 11:30
OPEC affirms oil’s dominance in future energy mix
IMF lifts Azerbaijan’s current account surplus projection
Business 11:00
IMF lifts Azerbaijan’s current account surplus projection
Anews TV

Our official Youtube channel

Subscribe