Asian markets finished mixed Monday, with South Korea closing at a new record high while China closed having reached record intra-day peaks. Trading volume was thin with Japanese markets closed for a one-day holiday.
The influential non-farm payrolls report released last Friday showed U.S. employers added 110,000 jobs in September and August's job losses were revised to a gain, helping lift worries about a U.S. recession in the near term.
The Australian dollar hit a new 23-year high of $0.9023 in early trading, while the Japanese yen , which is used to fund carry trades, came under selling pressure.
South Korea's KOSPI closed 0.8% higher to hit another record, surpassing its prior late July peak, as LG.Philips LCD surged a day ahead of what are expected to be solid earnings results, while STX Pan Ocean rallied after UBS acquired a stake.