Asian shares were mostly higher on Monday after Wall Street ended last week with the stock market's best day in over two months in a rally backed by the cooler-than-expected U.S. employment data.
U.S. futures edged higher and oil prices rose.
The Japanese yen weakened slightly after its value swung from a low of 160.25 to the U.S. dollar to 151.86 late last week following suspected government intervention. The dollar bought 153.93 yen, up from 152.90 yen.
Japanese Finance Minister Shunichi Suzuki told a gathering at the Asian Development Bank’s annual meeting Friday, held in Tiblisi, Georgia, that rapid fluctuations were hurting households and businesses.