Emerging markets: Singapore and Thai stocks climb over 1%

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BANGKOK, Nov 9 (Reuters): China, South Korea and Thailand led Asia's trade-reliant stocks and currencies higher on Monday (Nov 9), after Joe Biden clinched the US presidency, boosting risk appetite and hopes of friendlier policy towards the region and Beijing.

The US dollar fell to a 10-week low after enough states were called for Biden over the weekend following days of counting, helping South Korea's won scale a 21-month high and the Singaporean dollar touch its strongest level since the start of the year.