SE Asia Stocks-Singapore drops to 17-month low, Philippine index slides again

* Philippines, Singapore fall for fourth straight session

* Asia shares ex-Japan extend seventh-day losing streak

By Karthika Suresh Namboothiri

Sept 10 (Reuters) - Singaporean shares skidded to a 17-month

low on Monday while the Philippines index fell for the fourth

straight session, as sentiment in Asia remained dull amid an

escalating trade feud between the United States and China.

U.S. President Donald Trump warned on Friday he was ready to

slap tariffs on virtually all Chinese imports into the United

States, threatening duties on another $267 billion of goods on

top of $200 billion in imports primed for levies in coming days.

Also weighing on stocks was the prospect of faster interest

rate hikes by the Federal Reserve after data on Friday showed

U.S. jobs growth accelerated in August and wages notched their

largest annual increase in more than nine years.

"Global emerging markets are being hit by fears of trade

tariffs, and the FOMC meeting later this month would put further

pressure on emerging markets," said Joel Ng, an analyst at KGI

Securities, referring to the U.S. Federal Open Market

Committee's Sept. 25-26 meeting.

MSCI's broadest index of Asia-Pacific shares outside Japan

were down as much as 0.7 percent, its seventh

straight daily decline.

Singapore shares slipped as much as 0.7 percent to

their lowest since March 2017.

Financial group DBS fell to an eight-month low,

while United Overseas Bank shed 1 percent.

Philippine shares lost as much as 1.7 percent,

bruised mainly by a decline in industrials and financials.

JG Summit, Ayala Corp and BDO Unibank

each slipped about 3 percent.

Besides regional sentiment, a weaker peso and higher-than

expected annual inflation are also keeping investors wary on

Philippine stocks, said Charles William Ang, an associate

analyst at COL Financial Group.

The peso weakened 0.3 percent on Monday, while data

on Wednesday showed that Philippine annual inflation in August

quickened at its fastest pace in more than nine years.

Indonesian stocks also saw declines, of as much as

1.3 percent, led by financial shares.

Bank Central Asia and Bank Mandiri each

dropped about 3 percent. An index of the country's 45 most

liquid stocks slipped nearly 2 percent in early trade.

The Malaysian market was closed for a holiday.

For Asian companies, click

SOUTHEAST ASIAN STOCK MARKETS AS AT 0414 GMT

Market Current Previous close Pct Move

Singapore 3119.05 3134.39 -0.49

Bangkok 1684.57 1689.49 -0.29

Manila 7519.78 7598.64 -1.04

Jakarta 5828.675 5851.465 -0.39

Ho Chi Minh 972.68 968.9 0.39

Change on year

Market Current End 2017 Pct Move

Singapore 3119.05 3402.92 -8.34

Bangkok 1684.57 1753.71 -3.94

Manila 7519.78 8558.42 -12.14

Jakarta 5828.675 6355.654 -8.29

Ho Chi Minh 972.68 984.24 -1.17

(Reporting by Karthika Suresh Namboothiri; editing by Sai

Sachin Ravikumar)