* South Korea shelves plan to relax virus curbs * China Nov factory activity surprises on the upside, yuan firms * Singapore shares set for sixth day of losses * Philippine equity markets shut for a holiday By Anushka Trivedi Nov 30 (Reuters) - Most Asian equities gained on Tuesday, rebounding from an Omicron coronavirus variant-led selloff, but South Korean shares hit a near 1-year low after chip shortages dented domestic factory output. Also buoying local stocks was an unexpected jump in the region's top trade partner China's factory activity as raw material prices fell and power rationing abated. Stock markets in Thailand, Taiwan, Malaysia and Indonesia were all up between 0.3% to 1%, as investors hoped that Omicron might not cause widespread global economic damage.
* Japan to close its borders to foreigners, stocks trip * Singapore shares hit more than 1-mth low * Most Asian currencies firm against a subdued dollar By Anushka Trivedi Nov 29 (Reuters) - Philippine shares plunged on Monday to lead losses among emerging Asian equities, after the country imposed border curbs to restrict the new Omicron coronavirus variant, while the Thai baht slid for a seventh straight session. Shares in Thailand, Taiwan and South Korea also fell around 1% each, mirroring a 2% drop in Japan stocks after the Asian economic powerhouse banned foreign arrivals completely Tuesday onwards. While South Korea, Indonesia and other Asian countries shut their door to visitors from eight southern African nations over Omicron worries, the Philippines extended its ban to include some European countries and scrapped plans to open its borders to foreign tourists from this week.
* Markets on edge as Omicron variant stokes fresh COVID fears * Singapore stocks hit more than 1-mth low * Baht down for 7th day * Indonesia benchmark bond prices slump, rupiah eases By Anushka Trivedi Nov 29 (Reuters) - Philippine shares tumbled on Monday, while the Thai baht eased as financial markets were on edge on concerns the new Omicron variant of the coronavirus could derail a nascent re-opening of economies around the world. While South Korea, Indonesia and other Asian countries curbed arrivals from eight southern African nations over Omicron worries, the Philippines extended its ban to include some European countries and scrapped plans to open its borders to foreign visitors from this week.