Shares of Abercrombie & Fitch plunge 15% after CEO warns of 'increasingly uncertain environment'
Abercrombie & Fitch's revenue grew 21% during its fiscal second quarter as the apparel company builds on its torrid growth.
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Abercrombie & Fitch's revenue grew 21% during its fiscal second quarter as the apparel company builds on its torrid growth.
The Bank of Japan will adopt a more cautious approach to hiking interest rates to avoid rapid appreciation in the yen after the recent global market turmoil, Fitch Solutions' BMI said in a recent note.
China needs bond market reforms as soaring debt poses significant longer-term risk to the country, according to S&P Global.
BEIJING, April 10 (Reuters) -- Fitch cut its outlook on China's sovereign credit rating to negative on Wednesday, citing risks to public finances as the economy faces increasing uncertainty in its shift to new growth models.
Ratings agency Fitch revised its outlook on China's sovereign credit rating to negative on Tuesday, citing risks to public finances as the economy faced increasing uncertainty in its shift to new growth models.