Asia-Pacific markets traded mixed on Monday, with some indexes giving up gains, as investors turned their focus to a number of monetary policy meetings happening this week.
In Japan, the Nikkei 225 regained 202.72 points, or 0.7%, to 28,640.49.
The Japanese yen changed hands at 113.66 per U.S. dollar, weakening from an earlier level around 113.25.
In Hong Kong, the Hang Seng dipped 41.14 points, or 0.2%, to 23,954.58.
Reuters reported that Chinese artificial intelligence start-up SenseTime Group will withdraw its $767 million Hong Kong initial public offering after it was placed on a U.S. investment blacklist.
A number of high profile central banks are due to hold their monetary policy meetings this week, including the U.S. Federal Reserve, the Bank of Japan, the Bank of England and the European Central Bank.
They said they anticipate the U.S. central bank to reduce its monthly bond purchases by $30 billion a month starting in January compared with $15 billion currently.
The Australian dollar fell 0.38% to $0.7144.
In other markets
In China, the CSI 300 restocked 28.68 points, or 0.6%, to 5,083.80.
In Taiwan, the Taiex dropped 58.66 points, or 0.3%, to 17,767.60
In Singapore, the Straits Times Index let go of 15.66 points, or 0.5%, to 3,119.95
In Korea, the Kospi index stepped back 8.57 points, or 0.3%, to 3,001.66
In New Zealand, the NZX 50 strengthened 144.51 points, or 1.1%, to 12,994.19
In Australia, the ASX 200 recovered 25.74 points, or 0.4%, at 7,379.26
