This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/business-34344406

The article has changed 3 times. There is an RSS feed of changes available.

Version 0 Version 1
Japanese shares lower after three-day holiday Japanese shares fall as VW scandal hits carmakers
(about 4 hours later)
Japanese shares traded lower on Thursday after a three-day public holiday, taking the downbeat lead from Wall Street overnight. Japanese shares fell as trading restarted after a three-day holiday, with shares in carmakers hit by the fallout from the VW emissions scandal.
US shares were hit by weak Chinese factory activity that came in at the worst level in six and a half years. The benchmark Nikkei 225 index closed down 2.8% at 17,571.83.
The benchmark Nikkei 225 index was down 1.8% to 17,740.63 with automakers weighing on the market. Shares in car giants Toyota, Honda and Nissan all fell, as they followed the downward trend for the sector after the revelation that Volkswagen manipulated US diesel car emissions tests.
Shares of Toyota, Honda and Nissan were lower on news of the head of Volkswagen resigning over an emissions scandal. There are concerns the scandal will intensify scrutiny on all carmakers.
Martin Winterkorn, chief executive of the world's biggest carmaker, resigned after VW admitted to manipulating tests of diesel cars in the US. Sentiment was also hit by some downbeat manufacturing surveys. The preliminary Nikkei/Markit purchasing managers' index for Japan's manufacturing came in below expectations for September at 50.9.
Chinese shares were mixed in early trading after losing more than 2% in the previous session. Although a reading above 50 indicates expansion in the sector, the reading was the lowest since June and down from August's figure of 51.7.
The Shanghai Composite was up 0.6% to 3,134.99, while Hong Kong's Hang Seng index was down 0.3% to 21,246.90. On Wednesday, a similar survey of Chinese factory activity recorded the lowest reading for six and a half years.
In Australia, the S&P/ASX 200 index was up 1.2% to 5,056.20, while South Korea's Kospi index was higher by 0.5% to 1,954.59 points. China trades mixed
Markets in Indonesia, Malaysia and Singapore are closed for a public holiday. Chinese shares were trading mixed after losing more than 2% in the previous session.
The Shanghai Composite was up 0.6% at 3,134.24, while Hong Kong's Hang Seng index fell 0.7% to 21,164.27.
The mainland market has stabilised in recent weeks after dropping more than 40% from its peak in mid-June.
In Australia, the S&P/ASX 200 index ended up 1.5% at 5,071.70, while South Korea's Kospi index finished 0.1% higher at 1,947.10.
Markets in Indonesia, Malaysia and Singapore were closed for a public holiday.