• $ 1.7
  • € 1.9945
  • ₽ 0.021189
  • ₺ 0.0398
  • £ 2.2762

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 oil prices continue to fall

Azerbaijan’s 2025 state budget is based on an average oil price of $70 per barrel.
Business 12:30
Azerbaijan oil prices continue to fall Azerbaijan’s 2025 state budget is based on an average oil price of $70 per barrel.
Iran opposes TRIPP project, citing regional security risks
Business 10:30
Iran opposes TRIPP project, citing regional security risks
Azerbaijan central bank updates currency rates
Business 09:30
Azerbaijan central bank updates currency rates
Azerbaijan’s economy minister appointed the chairman of the Business Development Fund board
Business 17:00
Azerbaijan’s economy minister appointed the chairman of the Business Development Fund board
Azerbaijan current account surplus narrows in Jan–Sept 2025
Business 14:30
Azerbaijan current account surplus narrows in Jan–Sept 2025
Armenia expects new grain deliveries via Azerbaijan
Business 14:00
Armenia expects new grain deliveries via Azerbaijan
Azerbaijan’s household bank deposits rise
Business 12:30
Azerbaijan’s household bank deposits rise
Foreign investment in Azerbaijan rises nearly 29% in Jan–Nov
Business 12:04
Foreign investment in Azerbaijan rises nearly 29% in Jan–Nov
Azerbaijan boosts power generation by 1% in Jan–Nov
Business 10:30
Azerbaijan boosts power generation by 1% in Jan–Nov
Anews TV

Our official Youtube channel

Subscribe