HONG KONG (dpa-AFX) - Central banks and rate decisions are the big events in Thursday's Asia-Pacific activity, with Indonesia, Taiwan, Hong Kong and the Philippines all wrapping up their monetary policy meetings and announcing their interest rate decisions.
The banks are all expected to keep their benchmark lending rates unchanged, including Indonesia at 7.50 percent, Taiwan at 1.75 percent, Hong Kong at 0.25 percent and the Philippines at 4.00 percent.
Hong Kong also will see unemployment data for November, with the jobless rate expected to hold steady at 3.3 percent.
Singapore will release November numbers for imports, exports and trade balance. In October, imports were worth S$34.99 billion and exports were at S$42.91 billion for a trade surplus of S$7.92 billion.
Japan also will see November numbers for imports, exports and trade balance. Imports are expected to fall 7.5 percent on year after losing 13.4 percent in October. Exports are tipped to slip 1.6 percent after dipping 2.2 percent in the previous month. The trade deficit is called at Y442.7 billion following the Y108.3 billion yen surplus a month earlier.
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