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| Mitsubishi Motors shares keep falling after fuel scandal | Mitsubishi Motors shares keep falling after fuel scandal |
| (35 minutes later) | |
| Shares in car maker Mitsubishi Motors continued to fall on Monday after the car maker admitted rigging fuel efficiency tests. | 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. | 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. | 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. | 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. | 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. | Markets in Australia and New Zealand remained closed due to the Anzac Day holiday. |