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Three interest rate decisions are scheduled for release on Thursday, highlighting a busy day in Asia-Pacific economic news. On tap are central bank announcements in South Korea, Indonesia and Japan.

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Australia saw a seasonally adjusted unemployment rate of 5.7 percent in June, the Australian Bureau of Statistics said on Thursday.

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Core machine orders jumped a seasonally adjusted 10.5 percent on month in May to 799.2 billion yen, the Cabinet Office said on Thursday - rising for the third time in four months.

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The Bank of Japan on Thursday decided to keep its monetary easing program unchanged, while it upwardly revised its assessment of the economy citing signs of recovery. The nine-member policy board decided unanimously to keep the target of the monetary base expansion at an annual pace of JPY 60-70 trillion. The decision was in line with economists' forecast.

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Unemployment rate in Australia rose to its highest level since 2009 amid a marked increase in the number of people looking for full-time jobs, the latest figures from the Australian Bureau of Statistics revealed Thursday. While there was an increase in the number of employed, which was driven by a spike in part-time employees, the number of full-time workers fell.

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Brazil's retail sales in May remained unchanged from the previous month, defying expectations for a decline, data from the statistical office IBGE showed on Thursday.

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With a drop in non-fuel prices more than offsetting an increase in fuel prices, the Labor Department released a report on Thursday showing an unexpected decrease in U.S. import prices in the month of June. The Labor Department said import prices fell by 0.2 percent in June following a revised 0.7 percent decrease in May. Economists had been expecting import prices to inch up by 0.1 percent.

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Singapore's gross domestic product spiked a seasonally adjusted annualized 15.2 percent in the second quarter of 2013 compared to the previous three months, the Ministry of Trade and Industry said in Friday's advance estimate.

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Singapore's gross domestic product surged a seasonally adjusted annualized 15.2 percent in the second quarter of 2013 compared to the previous three months, the Ministry of Trade and Industry said in Friday's advance estimate.

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China's economic growth may slow further to 7 percent this year, but there will not be a hard landing, Finance Minister Lou Jiwei reportedly said in Washington on Thursday. The statement reinforces China's increased tolerance towards slower growth and reflects the determination of authorities to pursue more economic reforms that may benefit the economy in the longer-term.

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