British Gas executive jailed for insider trading

Gareth Hutchens A former high-flying senior executive with British Gas has been jailed on two counts of insider trading in the NSW Supreme Court today.

Pair plead guilty to illegal trades valued at $250,000

Gareth Hutchens John Kay Jin Khoo is a former investment banker with global bank Royal Bank of Canada.

Friends plead guilty to insider trading

Gareth Hutchens Former high school friends have pleaded guilty to insider trading in illegal trades worth more than $250,000.

Lenders baulk at rescue plan for Nine

Gareth Hutchens Attempts by Nine Entertainment Group to reduce its multibillion-dollar debt have hit a hurdle.

Fairfax shares jump on Trade Me sale

Colin Kruger and Gareth Hutchens Updated Fairfax is selling its remaining stake in New Zealand online auction house Trade Me in a move that will eliminate most of the company's debt.

ASX

Optimistic investors push market higher

Gareth Hutchens The sharemarket closed near its high for the year, marking it the fourth straight week of gains.

Rates to fall again, Westpac chief tips

Gareth Hutchens, Clancy Yeates Gail Kelly says Australia's dollar will continue to pressure economy well into next year.

Investors abandon the banks in favour of shares and property

Peter Martin and Gareth Hutchens Australians are ditching banks and ploughing their savings into real estate and shares.

High-frequency traders in the clear

Lucy Battersby and Gareth Hutchens High-frequency traders had nothing to do with a trading price spike, according to ASIC.

Stocks surge on hopes of boost in US

Gareth Hutchens and Glenda Kwek Australian stocks hit their highest point this year and looked to be surging towards the critical 4600-point level after investors piled into mining and engineering stocks, ahead of a predicted...

Ex-BG executive convicted of insider trading

Gareth Hutchens A former high-flying senior executive with British Gas will spend his first night in prison after being convicted of two counts of insider trading in the NSW Supreme Court today.

Clients hear of fund manager's 'criminal' behaviour

Gareth Hutchens A former investment manager says his clients would have sacked him if they knew what he was doing with their savings, a Sydney court has heard.

New ASX supervision regime less efficient: CEO

Gareth Hutchens Elmer Funke Kupper believes the sharemarket has been supervised in an inefficient way.

Top dollar squeezing economy

Glenda Kwek and Gareth Hutchens The Australian dollar has surged to a two-month high, putting the squeeze on the economy and defying efforts by the Reserve Bank to curb the soaring currency.

ASX

Shares float higher amid deluge of data

Gareth Hutchens The market climbed higher this week after being hit by a wall of data.

RBA's dollar headache likely to linger

Glenda Kwek and Gareth Hutchens Most analysts believe the Aussie will continue to defy gravity in 2013 by staying above parity, frustrating the Reserve Bank.

Standards 'slipping' for audit firms

Gareth Hutchens Review found a 'significant deterioration' in the quality of audits over the past two years.

Run fear sparked freeze on funds

Gareth Hutchens Lucy Battersby Takeover FEARS of a run on Southern Finance prompted its trustees to get a court order freezing investors' money until the group was sold to Bendigo and Adelaide Bank, it has emerged.

ASIC puts auditing industry 'on notice'

Gareth Hutchens Auditing firms could be forced to rotate between companies to stop them becoming too close to the companies they audit, the corporate regulator has warned.