EMERGING MARKETS-Asian FX steady on soft dollar; stocks recover after tech rout

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* Indonesian rupiah snaps 3-day decline * S.Korean won, Japanese yen lead gains * Taiwan, S.Korea stocks snap 4-day slide By Roushni Nair July 23 (Reuters) - Emerging Asian stock markets were largely steady on Tuesday, with Taiwan shares recouping a third of the losses suffered in the last four sessions, while a slightly weaker U.S. dollar helped currencies in the region regain some lost ground. Taiwan stocks rose more than 2% after declining over 6% in the four-day sell-off that was triggered by news of further curbs by Washington on semiconductor sales to China. The benchmark stock index, however, is the best performer in the region, rising more than 26% so far this year. TSMC, Asia's most valuable listed company, was up more than 3% after losing over 9% in the last four sessions. South Korean stocks also rose for the first time in four days and were last up 0.4%, while most regional currencies eked out gains on the back of a slightly weaker dollar. The dollar index - a measure of its value relative to a basket of foreign currencies - was down 0.1%, two days after U.S. President Joe Biden dropped his reelection bid. South Korea's won and the Japanese yen rose 0.4% each to lead the charge. The Malaysian ringgit and Thailand's baht strengthened 0.2% each. The Indonesian rupiah, which was once a popular carry-trade currency in Asia, has been in a downward spiral as uncertainties around the country's fiscal plans dent investor confidence. The Singapore dollar was last up 0.1%, while shares climbed 0.5%. Market participants were awaiting the June inflation reading due later in the day and a central bank policy meeting on Wednesday. "In the medium-term, we remain positive on the SGD given robust macro fundamentals and a monetary policy that has an appreciating currency as a default stance," analysts at Maybank wrote, adding that the Monetary Authority of Singapore appeared to be in no hurry to ease. Malaysia will report June inflation data on Wednesday where analysts see core inflation picking up. In India, the rupee wobbled near its all-time low as investors awaited the country's finance minister to present the final union budget for fiscal 2025. Most other equity markets in Asia traded higher, with Mumbai and Kuala Lumpur adding 0.2% and 0.5%, respectively. Shares in Bangkok, however, retreated 0.6% as trading resumed after a holiday. In China, the yuan was unchanged, while shares in Shanghai dipped 0.6% after the central bank's surprise short-term policy rate cut on Monday did little to lift investor sentiment in Southeast Asia's largest trading partner. HIGHLIGHTS: ** Indonesian 10-year benchmark yields rise 1.8 basis points to 7.007% ** Singapore seen keeping monetary policy unchanged amid inflation risks ** Philippine finance minister says on track for rate cut Asia stock indexes and currencies at 01519 GMT COUNTRY FX RIC FX FX INDEX STOCK STOCK DAILY YTD % S S YTD % DAILY % % Japan +0.45 -9.75 0.00 18.97 China India +0.04 -0.50 0.08 12.88 Indones +0.19 -4.88 0.06 0.73 ia Malaysi +0.17 -1.71 0.51 12.08 a Philipp +0.15 -4.99 -0.07 3.99 ines S.Korea Singapo +0.12 -1.85 0.47 6.58 re Taiwan +0.07 -6.37 2.11 26.75 Thailan +0.14 -5.70 -0.64 -7.57 d (Reporting by Roushni Nair in Bengaluru; Editing by Subhranshu Sahu)