Asian equities kicked off the trading week on a positive note after a weak U.S. employment report on Friday cooled expectations that the Federal Reserve will start raising interest rates soon.
Markets in China remain closed until Wednesday for National Day holidays.
September's closely-watched jobs report showed the U.S. economy created 142,000 jobs, far below the expected 203,000. Unemployment held at 5.1 percent while the participation rate plunged to 62.4 percent, according to the Labor Department. Indications of softness in the labor market mean the Fed is unlikely to begin tightening monetary policy soon, analysts say. Fed funds futures are now pricing the first rate hike to come no earlier than March 2016.
U.S. stocks closed more than 1 percent higher following the report, with major averages ending the week up more than 1 percent.
With China closed for holidays, there will be no [trading] direction for Asia for a couple more days, said Evan Lucas, IG market strategist, in a morning note. "But the conclusion from the U.S. nonfarm payrolls is that the China slowdown is spreading across the Pacific. This will only add to expectations that the People's Bank of China or central government will move monetary policy this year."
Traders also dismissed news that the World Bank downgraded its East Asia growth forecast to 6.5 percent for 2015, from 6.7 percent previously.