Australia's benchmark S&P ASX 200 reversed gains after briefly touching a seven-week high of 5,536 points. Markets were little changed following the release of the Reserve Bank of Australia's July policy minutes, where the central bank reiterated that rates would remain low for a while.
Australia New Zealand Banking fell 1 percent while Westpac eased 0.2 percent after a government-backed review said that the country's financial system performed "reasonably well" but warned of fiscal pressures ahead.
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Gold miners underperformed after prices of the yellow metal traded at four-week lows. Endeavor Mining and Evolution Mining lost over 6 percent each.
Kospi rises 1%
South Korean shares ended at their highest levels since July 2 after exports rose 2.5 percent in June, unchanged from the government's flash estimate.
Blue-chip stocks led the gains with Kia Motors and Hyundai Motor closing up over 3 percent each. Samsung Electronics ended 2.6 percent higher.
India 0.9% higher
India's NSE index ended five days of losses after data on Monday showed consumer inflation slowing to 7.3 percent in June.