MANILA, Dec 1(Reuters): South Korea's won rallied to a two-week high and shares rebounded on Wednesday on encouraging domestic trade data, while the leisure sector dragged Philippine stocks lower by almost 4% as trade resumed after a holiday.
Most Asian equities regained some lost ground after volatiliy on Tuesday, following remarks by drugmaker Moderna's chief that existing vaccines may not be as effective against the new Omicron coronavirus variant. Shares in Thailand, India and Taiwan gained between 0.9% to 1.2% on Wednesday, while Singapore stocks advanced 1.9% after six days of losses.
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