• $
  • £

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
President Ilham Aliyev inaugurates 100 MW Gobustan Solar Power Plant
Business 18:00
President Ilham Aliyev inaugurates 100 MW Gobustan Solar Power Plant
Azerikimya to supply by-product hydrogen via pipeline to Azerfloat glass plant
Business 17:30
Azerikimya to supply by-product hydrogen via pipeline to Azerfloat glass plant
Azerikimya outlines annual output capacity: Ethylene reaches 190,000 tons
Business 16:30
Azerikimya outlines annual output capacity: Ethylene reaches 190,000 tons
Meeting with ABB’s partners
Business 16:19
Meeting with ABB’s partners
Digital economic platform proposed to accelerate trade across Turkic states
Business 15:00
Digital economic platform proposed to accelerate trade across Turkic states
Joint development bank proposed for Turkic states to boost regional financing
Business 14:30
Joint development bank proposed for Turkic states to boost regional financing
Hormuz vessel traffic drops to historic lows: Only four ships transit in 24 hours
Business 13:30
Hormuz vessel traffic drops to historic lows: Only four ships transit in 24 hours
Gold, silver gain on September 16 ahead of Fed rate decision
Business 12:57
Gold, silver gain on September 16 ahead of Fed rate decision
Natural gas futures edge down slightly on NYMEX
Business 12:30
Natural gas futures edge down slightly on NYMEX
Anews TV

Our official Youtube channel

Subscribe