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• Asian share markets were mixed on Monday as political uncertainty globally kept the mood cautious, while the U.S. dollar dithered in a tight range ahead of a busy week for Federal Reserve events.

Turnover was light with U.S. markets closed for the Presidents Day holiday. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.1 percent and back toward a 19-month peak reached last week.

• Japanese shares eked out small gains on Monday in a choppy session marked by low volumes as investors stayed on the sidelines with the U.S. markets closed for a holiday.

The Nikkei edged up 0.1 percent to 19,251.08, after trading in the negative territory in the morning.

• China's blue-chip index posted its biggest daily gain in six months on Monday after media reports said pension funds may begin flowing into the country's stock markets as early as this week.

The blue-chip CSI300 index rose 1.5 percent to 3,471.39 points, while the Shanghai Composite Index gained 1.2 percent to 3,239.96, their highest since Dec. 9.

• Hong Kong stocks extended early gains and closed at a 18-month high on Monday, drawing strength from firm mainland stock and commodity markets.

The benchmark Hang Seng index added 0.5 percent, to 24,146.08 points, its highest close since Aug. 11, 2015, while the Hong Kong China Enterprises Index gained 0.8 percent, to 10,445.48 points.

Reference: Reuters, CNBC