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Australia will on Thursday release March figures for unemployment, highlighting a modest day for Asia-Pacific economic activity.

The jobless rate is expected to come in at 5.0 percent, up from 4.9 percent in February. The Australian economy is forecast to have added 15,000 jobs following the addition of 4,600 jobs in the previous month.

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 unchanged at 1.75 percent.

Hong Kong will provide March numbers for unemployment; in February, the jobless rate was 2.8 percent.