IBT Staff Reporter

The basic premise of fundamental analysis is that the value of a currency is determined by the comparative strength and weakness of a country's economy in relation to those of its trading partners. The stronger a country's economy - measured in higher GDP growth, lower inflation, higher interest rates, greater productivity, more political stability, etc. - the stronger a country's currency. Over time, these fundamental factors produce the long lasting price trends typical of the currency markets...

Chindex International Inc, a provider of western healthcare products and services in China, posted a 38 percent drop in quarterly profit, hurt by a review of import approvals by the Chinese government, sending its shares down as much as 28 percent.

A Forex market transaction differs from a retail transaction. In a retail environment, the price is predetermined by the seller, and the purchaser measures his need for the item against the price asked and makes his decision to buy or not. In a market transaction, both the seller and the buyer continually adjust their price expectations to the information flowing out from the market to its participants and into the market from outside sources. A seller who thinks that the price may be higher in ...

Outsourcing company CGI Group Inc reported a stronger quarterly profit on Monday, but its revenue came in lower than analysts had expected and its shares fell.

Cash-strapped Repros Therapeutics Inc reported a wider-than-expected quarterly loss, sending its shares down about 25 percent in pre-market trade.

Austrian biotech company Intercell scrapped its full-year profit target after third-quarter revenue for its Ixiaro vaccine against Japanese Encephalitis fell short of expectations.

Bankrupt Six Flags Inc has submitted a new reorganization plan that represents a victory for hedge fund Avenue Capital Management, which fought an initial proposal that gave little to bondholders.

Kraft Foods Inc's offer for Cadbury Plc is unlikely to stay at its current level as the company brings its takeover campaign directly to the British confectioner's shareholders, a source familiar with the situation said on Monday.

Rich countries and developing nations fought over climate change on Saturday, failing to make progress on financing ahead of a major environmental summit in Copenhagen next month.

A junior Russian policeman was fired on Sunday after making a YouTube appeal to Prime Minister Vladimir Putin accusing senior officers of corruption, a claim dismissed by authorities as false, news agencies reported.

Rio Tinto and BHP Billiton have not received any indications that the two mining giants will face regulatory issues in forming an iron ore production joint venture, the head of Rio's iron ore division said on Monday.

Angola's oil industry is booming as money pours in after the end of three decades of civil war, and officials say output could increase by as much as two-thirds over the next five years.

Warsaw signed an agreement on Monday to sell its surplus carbon emission permits under the Kyoto Protocol (AAUs) worth 25 million euros ($37.5 million) to Madrid, Polish and Spanish prime ministers said on Monday.

In her biggest gambit yet for Kraft Foods Irene Rosenfeld just won't blink.

A Pennsylvania landowner is suing an energy company for polluting his soil and water in an attempt to link a natural gas drilling technique with environmental contamination.

Energy Conversion Devices Inc on Monday reported its second straight quarterly loss, with sales coming in way below estimates, as demand for its solar products remained soft.

The Vatican said on Monday its plan to allow married Anglican priests to convert to Catholicism does not signal any change to its age-old rule of celibacy for the overwhelming majority of Catholic priests.

Enel Green Power, renewable energy arm of Italy's biggest utility Enel, has bought a majority stake in two wind power projects in Italy with a total installed capacity of 64 megawatts, the company said on Monday.

President Barack Obama will delay the start of his visit to Asia this week to attend a memorial service for soldiers killed in a mass shooting at a U.S. military base, an administration official said on Sunday.

U.S. Secretary of State Hillary Clinton said on Monday the United States believed Iran had no reason to detain three American hikers held there and that they should be released

It's not often that a historic announcement comes, as an afterthought, almost by accident, at the end of an otherwise stultifyingly tedious press conference.

Dish Network Corp , the No. 2 U.S. satellite TV provider, beat Wall Street forecasts by posting a gain of 241,000 subscribers in the third quarter and surprised investors with a plan to pay shareholders a special dividend of $2 a share.

BMW forecast global sales would keep rising, letting it defend its role as the world's top premium carmaker, after sales volume edged up 2 percent in October to 115,252 units.

U.S. stocks jumped on Monday, extending gains from the previous week, on renewed risk-taking sentiment after the Group of 20 pledged to keep economic stimulus in place until a recovery was assured.

Energy firm Petro-Diamond Risk Management Ltd said on Monday it will close its global derivatives operations, looking to end its role as market maker in the volatile oil trade hedging business.

Ida weakened to a tropical storm as it churned toward oil and gas facilities in the Gulf of Mexico and was forecast to hit the U.S. Gulf Coast early on Tuesday, the U.S. National Hurricane Center said on Monday.

China on Monday praised a U.S. trade panel's decision to reject an investigation into imports of Chinese steel fasteners, saying it was the correct judgment.

China's passenger cars sales in October surged 75.8 percent from a year earlier, official data showed, extending the explosive growth in recent months as government incentive policies continued to lure customers.

After a landmark win in the House of Representatives, President Barack Obama's push for healthcare reform faces a difficult path in the Senate amid divisions in his own Democratic Party on how to proceed.