CANBERA (dpa-AFX) - Australia will on Thursday release unemployment figures for October, highlighting a busy day in Asia-Pacific economic activity.
The jobless rate is expected to hold steady at 6.2 percent, while the Australian economy is expected to have added 15,000 jobs after losing 5,100 in September.
Australia also will see September data for credit card purchases; in August, purchases were worth A$24.4 billion and balances were at A$50.6 billion.
Japan will provide September numbers for industrial production and October figures for domestic corporate goods prices.
Output is expected to add 3.3 percent on month and fall 4.6 percent on year following the 5.7 percent monthly contraction and the 3.5 percent yearly contraction in August. The CGPI is tipped to dip 0.4 percent on month and 3.5 percent on year after losing 0.5 percent on month and 3.9 percent on year in September.
The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates; the central bank is widely expected to keep its benchmark lending rate steady at 1.50 percent.
Malaysia will release Q3 numbers for gross domestic product; in the second quarter, GDP was up 1.1 percent on quarter and 4.9 percent on year.
The central bank in the Philippines also will conclude its monetary policy meeting and announce its decision on lending rates. The bank is tipped to keep rates on hold at 4.00 percent.
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