Most major Asian indexes closed higher on Monday, following the stronger lead from Wall Street, as investors digested the release of China inflation data.
Japan's Nikkei 225 climbed for a tenth straight day, extending gains once more to touch a fresh 21-year high. The index was up 0.47 percent, or 100.38 points, to close at 21,255.56. Ahead, politics will be in focus for Japanese markets as the country gears up for lower house election at the end of the week.
Across the Korean Strait, the Kospi closed up 0.26 percent at 2,480.05 as steelmakers and cosmetics retailers notched gains: Posco jumped 5.85 percent, Hyundai Steel closed up 2.39 percent and Amorepacific soared 5.17 percent. Tech stocks were mixed, with SK Hynix falling 2.21 percent, but LG Electronics climbing 0.9 percent.
Down Under, the S&P/ASX 200 rose 0.56 percent to finish the session at 5,846.8, with the materials sub-index rising 1.55 percent and leading gains on the broader index. Major miners surged: Rio Tinto closed up 3.43 percent, Fortescue Metals climbed 1.02 percent and BHP jumped 2.24 percent.
Elsewhere, China is likely to be in the spotlight this week as the 19th National Congress of the Communist Party China kicks off on on Oct. 18.
Mainland markets were mixed: The Shanghai Composite reversed gains to edge down 0.35 percent to close at 3,378.8045 and the Shenzhen Composite fell 1.515 percent to end at 2,005.9458. Hong Kong's Hang Seng Index, meanwhile, soared 0.66 percent by 3:10 p.m. HK/SIN.
Investors in the region also digested inflation data out of the world's second-largest economy: China's consumer price index rose 1.6 percent in September from a year ago, meeting expectations. The producer price index rose 6.9 percent in the same period — well above the 6.3 percent forecast in a Reuters poll.