An investor watching share prices at the securities trading floor of Asia Commercial Bank in Hanoi, Vietnam.
Asia-Pacific stocks were set to decline Thursday as investors awaited U.S. personal consumption expenditures price index data for clues on the Federal Reserve's interest rate cut path.
The U.S. personal consumption expenditures price index — the Federal Reserve's preferred inflation gauge — is due later in the day, while China's manufacturing purchasing managers' index reading is scheduled to be released Friday.
Futures for Hong Kong's Hang Seng index stood at 16,564, pointing to a marginally higher open compared to the HSI's close of 16,536.85 .
The combined entity was valued at roughly $8.5 billion on a post-money basis, excluding synergies.
Persons:
Walt Disney
Organizations:
Asia Commercial Bank, Reliance
Locations:
Asia, Hanoi , Vietnam, Pacific, Hong Kong