*

Singapore May core inflation unchanged from April

*

Taiwan stocks set for worst day since April 19

*

Chinese stocks fall ahead of key data

By Rajasik Mukherjee

June 24 (Reuters) - Taiwan stocks slumped nearly 2% on

Monday, weighed down by chipmakers that declined following a

slump in U.S. tech firms, while equities in other emerging Asian

markets remained subdued ahead of key economic data in the

United States.

Equities in Taiwan, which soared last week in tandem

with its U.S. peers riding on the Nvidia ( NVDA ) wave, fell as

much as 1.8% to mark their worst day since April 19. Taiwan

Semiconductor Manufacturing Co ( TSM ) lost nearly 3%.

South Korean stocks, which also rode the tech wave

last week, started the week on a weak footing with a 0.9%

decline. South Korean won was largely unchanged.

The U.S. dollar index, which measures the greenback

against a basket of currencies, was trading at 105.810 as

investors awaited key U.S. inflation reading that could

influence the interest rate outlook.

The Federal Reserve's patience with keeping interest rates

higher for longer has boosted the dollar.

Singapore shares and the local dollar were

largely unchanged after data released showed key core consumer

price gauge remained unchanged from last month.

"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.

Market participants also await Malaysia's inflation data due

on Tuesday, hoping for clarity on the central bank's policy

trajectory.

The Malaysian ringgit traded flat, while stocks in

Kuala Lumpur rose slightly.

Elsewhere in the region, the Philippine peso lost

0.5% while shares gained 0.5% ahead of the central bank's

policy decision on Thursday.

"Peso remains under pressure given the perceived dovishness

of the BSP and the risk of that they could cut ahead of the

Fed," Maybank analysts said.

Other Asian currencies such as the Thai baht fell

as much as 0.3%, while the Japanese yen and the Chinese

yuan traded largely flat.

The Shanghai Composite index lost 0.7% as investors

cautiously awaited key domestic economic data.

The Indonesian rupiah came off a four-year low

touched last week. Stocks in Jakarta rose 0.3%, their

third consecutive session of gains.

HIGHLIGHTS:

** Indonesian 10-year benchmark yields fall to 7.111%

** Indonesia economy fundamentally strong, says senior

minister

** BOJ debated need for timely rate hike at June meeting,

summary says

Asia stock indexes and

currencies at 0411 GMT

COUNTRY FX RIC FX FX INDE STOCK STOCK

DAILY YTD % X S S YTD

% DAILY %

%

Japan +0.04 -11.6 % %

China EC>

India +0.01 -0.37 Indones +0.02 -6.36 Malaysi 0.00 -2.55 Philipp -0.54 -5.76 S.Korea 11>

Singapo +0.01 -2.61 Taiwan -0.02 -5.07 Thailan -0.08 -6.98 (Reporting by Rajasik Mukherjee in Bengaluru; Editing by

Mrigank Dhaniwala)