Gareth Hutchens

Gareth Hutchens

Market ends week on low note as investors get jitters

ASX

Gareth Hutchens This week was dominated by political events in the US, where bickering between Republicans and Democrats forced the government into a partial shutdown.

Liquidation

Clients owed millions after derivatives broker GTL Tradeup collapses

Illustration: Tamara Voninski.

Gareth Hutchens Sydney derivatives broker, whose director has been linked to a multimillion-dollar Italian fraud case, has collapsed, owing clients more than $3 million.

Asia

Big business posse shadows PM to pitch for Indonesian trade

Australian Prime Minister Tony Abbott walks during a welcome ceremony at the Presidential Palace in Jakarta.

Gareth Hutchens Some of Australia's most powerful business leaders are looking to boost their exposure to Indonesia's fast-growing economy.

Liquidation

Forex broker goes belly up

Gareth Hutchens A Sydney financial services firm whose director has been linked to a multimillion-dollar Italian fraud case has gone into liquidation.

ASX

Stocks reverse poor form to spark seventh week of gains

Generic photo of the ASX  board in Melbourne.I

Gareth Hutchens, wires The sharemarket closed on another five-year high, up another 0.5 per cent, despite a looming fiscal deadline in the US that could threaten to shut down the government.

CBD

Out of frying pan into fiery AGM

Gareth Hutchens Former Treasury head and wombat enthusiast Ken Henry was looking a little bemused on Wednesday.

Regulatory

ASX regrets director link to US scandal

Gareth Hutchens The chairman of the Australian Securities Exchange has admitted that the decision to allow two directors to go into business together while keeping their positions on the ASX board was not the best...

ASX

ASX chairman admits error of judgment over US scandal

Gareth Hutchens Rick Holliday-Smith admits decision to allow two directors to go into business together while keeping their positions on the ASX board was not the best one.

Courts

Activist to face Supreme Court

Jonathan Moylan

Gareth Hutchens The trial of anti-coal campaigner Jonathan Moylan will now take place in the NSW Supreme Court.

Court

Accused ANZ hoaxer Jonathan Moylan to face NSW Supreme Court trial

Gareth Hutchens The criminal trial of anti-coal campaigner Jonathan Moylan will now take place in the NSW Supreme Court.

Listings

OzForex plans debut

ASX

Gareth Hutchens Online foreign exchange specialist set to emerge with market capitalisation of $480 million.

Foreign exchange

OzForex plans debut

Gareth Hutchens Online foreign exchange specialist OzForex is set to emerge with a market capitalisation of $480 million when it makes its stock exchange debut next month.

ASX

Bourse greets stimulus news with a leap, as dollar jumps

Gareth Hutchens, wires The sharemarket closed higher for the week and the dollar hit a three-month high after the US Federal Reserve said it would not slow the rate at which it was printing money.

Governance

ASX pair quit over US scandal

ASX.

Gareth Hutchens Chairman insists exchange operator's governance remains intact despite resignations.

Hedge fund

ASX directors resign over US share scandal

Shane Finemore

Gareth Hutchens Two directors have resigned from the Australian Securities Exchange board this morning after becoming caught up in a share trading scandal in the United States.

Economy

Call for stricter budget charter

Warren Hogan.

Gareth Hutchens Economist says deficit should be capped at 1 per cent of GDP.

Reform

Interest groups happy to give advice on bearings

Tony Abbott

Gareth Hutchens Business groups have welcomed the Coalition's election victory, saying prime minister-elect Tony Abbott has won a ''clear mandate for reform'' that he must be allowed to fulfil.

Industry urges Abbott to put pedal to the metal on reform

treasury

Gareth Hutchens Big business groups have welcomed the federal Coalition's election victory, saying incoming prime minister Tony Abbott has won a "clear mandate for reform" that he must be allowed to fulfil.

Bourse makes late recovery but waiting game continues

Gareth Hutchens The Australian sharemarket gained ground this week, after a late fightback on Friday afternoon, as data showed economic activity had increased by slightly more than expected this year.

Courts

Port venture turns sour for engineers

Charlie di Francesco.

Gareth Hutchens A plan to deliver cheaper diesel to coalmines in Queensland has ended up in the courts.