Best of Business

Shane Solly: Harbour Asset Management expert on what caused the latest drop in the US sharemarket

4 min · 8 jun 2026
aflevering Shane Solly: Harbour Asset Management expert on what caused the latest drop in the US sharemarket artwork

Beschrijving

The US sharemarket took a hit last Friday, largely due to weakness in the information technology sector. The semiconductor sector was hit hard, and experts are unpacking the economic implications. Harbour Asset Management's Shane Solly explained further. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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aflevering Paul Fuge: Consumer NZ spokesperson on the number of Kiwis switching power companies artwork

Paul Fuge: Consumer NZ spokesperson on the number of Kiwis switching power companies

Kiwis are often told to look for the best deals on power, and they're not afraid to swap providers for a better price. So who's winning and who's losing the battle for those customers? Data from the Electricity Authority shows that Genesis Energy is the biggest loser here, with the company losing a net 35,015 customers in the year to June. Nova lost 9059, Manawa 3329 and Mercury 2706. On the opposite end, Contact gained 20,577, Electric Kiwi gained 11,590 and Meridian gained 10,288.  Consumer NZ Paul Fuge says the energy market is quite volatile, and many companies have been making changes to keep up. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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