* Indonesia's rupiah, S.Korean won weaken 0.5% * Thai equities, baht firm for fifth straight day * Regional equities mixed; Indonesia, Singapore decline * Thai Dec inflation below forecast By Sameer Manekar Jan 5 (Reuters) - Asia's emerging currencies traded mostly lower on Wednesday, with Indonesia's rupiah and the South Korean won leading losses, as the dollar hovered near a one-week high, buoyed by U.S. policy tightening expectations. The Indonesian rupiah and the South Korean won each fell about 0.5%, with the rupiah touching its lowest in over two weeks and the won dropping to its lowest in nearly three months.
* Thai baht on track for worst session since Nov. 1 * Philippine stocks down on profit-taking - analyst * Jakarta shares flat after scaling record highs By Arundhati Dutta Nov 11 (Reuters) - Indian and Philippine stocks fell on Thursday as broader Asian markets were weighed down by fears of policy tightening after a surge in U.S. inflation, while a firmer dollar kept the region's currencies under pressure. The Thai baht led losses among currencies with a 0.4% drop and was set for its worst day since Nov.1, as the greenback rose to its highest level in 2021. Indian shares fell nearly 1%, while Philippine stocks dropped for a second day.
* S.Korean won at weakest since Oct. 19 * Indonesia stocks pare gains after hitting record high * Oil price fall driving Thai markets lower - analyst By Arundhati Dutta Nov 11 (Reuters) - Philippine and South Korean stocks led most emerging Asian equity markets lower on Thursday as high inflation data from the United States stoked fears of policy tightening, while a strong dollar kept the region's currencies on the backfoot. Singapore stocks fell as much as 0.7%, but pared losses and were trading flat by 0442 GMT. "(U.S. inflation) can lead to slowdown in Singapore economic growth in the coming quarters due to Singapore's significant reliance on overseas imported raw materials," said Kelvin Wong, a market analyst with CMC Markets.