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EMERGING MARKETS-Asian stocks ease on vaccine delay; protests weigh on Thailand

    * Graphic: World FX rates
    * Graphic: Foreign flows into Asian stocks
    * Thai shares mark biggest intraday pct fall in nearly 2
    * Singapore leaves monetary policy unchanged
    * S.Korea keeps rates steady 

    By Shriya Ramakrishnan
    Oct 14 (Reuters) - Asia's emerging stock markets slipped on
Wednesday as halted COVID-19 vaccine trials and an impasse on
U.S. stimulus negotiations dented risk sentiment, while concerns
about a struggling economy and anti-government protests hit
    Eli Lilly and Co joined Johnson & Johnson in
pausing the clinical trial of its COVID-19 antibody treatment
due to a safety concern, leading Asian equities lower in line
with their U.S. counterparts and prompting a shift to safer
    Thai shares fell 0.8% as trading resumed after a
holiday with sentiment weighed down by bearish comments from the
central bank. The Bank of Thailand said the economic outlook was
highly uncertain and it would take time for exports to recover.

    Thailand has been hit by three months of protests demanding
a new constitution and the departure of Prime Minister Prayuth
Chan-ocha - a former junta leader. Protests have been largely
peaceful although demonstrators scuffled with police on Tuesday
and 21 activists were arrested.
     "The opportunity cost has not risen that much because
growth expectations were very low in the first place," said
Kobsidthi Silpachai, head of capital markets research at
    "So, if people were to bank that political developments
would derail incoming tourism, the plan for it wasn't very big
in the first place and markets may prefer to stay on the
    Asian currencies were more of a mixed bag, with the
Indonesian rupiah and Malaysian ringgit weaker,
while the Philippine peso gained 0.2%.
    The Singapore dollar also managed to remain in
positive territory, helped by the central bank's decision to
leave its monetary policy unchanged. 
    Preliminary data released earlier in the day also showed the
city-state's economy contracted slightly more than expected in
the third quarter from a year earlier.
    "The technical recession may be over but the economy isn't
out of woods just yet. A persistently weak services sector
suggests that the recovery from the COVID-19 slump is going to
be very slow," Prakash Sakpal, ING's senior economist for Asia
said in a note.
    Taiwan's dollar, Asia's top performing currency
this year, stood out with gains of 0.9% against the greenback. 
    Taiwan's central bank said on Tuesday it bought $3.9 billion
U.S. dollars in the first half of this year to intervene in the
foreign exchange market to help tame a strong local currency,
which has made the island's exports more expensive.
    Shares in South Korea fell more than half a percent,
but the won firmed 0.3%, drawing support from the
central bank's decision to keep its policy rate steady at a
historic low of 0.5%.
    ** Thailand's 10-year government bond yields are
down 2 basis points at 1.36%
    ** Top losers on Thailand's SETI include AQ Estate
PCL down 50% at 0.01 baht; TU Dome Residential Complex
Leasehold Property Fund TU-PFu.BK down 27.5% at 0.58 baht 
    ** Top losers on the Singapore STI include Mapletree
Industrial Trust down 2.69% at S$3.25; DBS Group
Holdings Ltd down 1.76% at S$21.21
  Asia stock indexes and                                   
 currencies at   0435 GMT                            
                       DAILY  YTD %               S   YTD %
                           %                  DAILY  
 Japan                 +0.06  +3.04            0.11   -0.13
 China                 +0.10  +3.34           -0.54    9.56
 India                 -0.03  -2.73           -0.81   -2.71
 Indonesi              -0.29  -5.72            0.30  -18.28
 Malaysia              -0.10  -1.33           -0.29   -4.28
 Philippi              +0.22  +4.22            0.12  -24.12
 S.Korea               +0.33  +1.15           -0.62    8.67
 Singapor              +0.09  -1.05           -0.55  -20.77
 Taiwan                +0.91  +5.05           -0.18    7.72
 Thailand              +0.03  -3.95           -0.83  -20.07

 (Reporting by Shriya Ramakrishnan in Bengaluru; Editing by
Jacqueline Wong)