MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1% in early trade. Australia's S&P/ASX 200 was 0.1% higher and New Zealand's NZ50 crept up to a record peak. Japan's Nikkei slipped 0.3%.
SINGAPORE: Asian stock markets began the week with cautious gains on Monday, as investors clung to hopes for U.S. stimulus spending, while the dollar firmed after a Chinese central bank policy tweak unwound some of the yuan's steep gains.
The People's Bank of China has scrapped a requirement for banks to hold a reserve of yuan forward contracts, removing a guard against depreciation, which traders said suggested authorities were discomfited by recent gains.
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