Natixis SA
Coverage of Natixis SA in the Nexus archive.
- China’s factory activity unexpectedly slips into contraction in July
China’s factory activity contracted in July, with the official manufacturing PMI falling to 49.2, the first decline in five months. Weak domestic demand, disrupted by typhoons and sluggish property-sector-driven spending, contributed to the contraction, while exports in technology products remain a growth driver.
- China's quarterly growth slows to 3.5-year low
China's Q2 growth slowed to 4.3% year-on-year, the lowest since late 2022, due to the Iran war, weak domestic demand, and a real estate slump. Despite strong exports, declining industrial and real estate investments raise concerns, with analysts warning of an unsustainable economic situation.
- China blocks exports of helium, key for chipmaking, as Iran war squeezes supply
China has temporarily banned helium exports, a critical resource for semiconductor manufacturing, due to global supply disruptions caused by the Iran war. The move aims to secure domestic supply as China imports much of its helium and faces tightened global availability.
- Yen's Sharp Gain Unlikely a Market Movement, Natixis Says
Natixis' chief APAC economist Alicia Garcia Herrero suggests Japan may have intervened in currency markets after the yen sharply strengthened against the dollar. Traders are awaiting US jobs figures, which could impact the dollar-yen pair.
- Natixis Sells Down Stake in US Boutique Adviser Solomon Partners
Natixis SA has sold down its majority stake in Solomon Partners, returning control to the New York-based advisory firm’s management. The transaction marks a strategic shift for Natixis in its investment in the US boutique adviser.