South Korea will on Thursday release preliminary gross domestic product figures for the second quarter of 2013, highlighting a busy day for Asia-Pacific economic activity.
GDP is expected to rise 0.3 percent on quarter and 1.6 percent on year after gaining 0.8 percent on quarter and 1.5 percent on year in the previous three months.
The Philippines will provide trade data for May, with analysts expecting a deficit of $0.7 billion after posting a shortfall of $1.02 billion in April. Imports were at $5.14 billion in the previous month, while exports came in at $4.12 billion.
In addition, the Philippines' central bank will conclude its monetary policy meeting and announce its decision on interest rates. The bank is widely expected to keep rates on hold at 3.50 percent.
Japan will see June results for its corporate service price index, with forecasts suggesting an increase of 0.6 percent on year after adding 0.3 percent in May.
Hong Kong will release trade data for June, with forecasts calling for a trade deficit of 50.7 billion Hong Kong dollars. That follows the 44.27 billion HKD shortfall in May, when imports came in at 335.81 billion HKD and exports were at 291.54 billion HKD.
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