Asian stocks started the week mixed, with Japanese indices bucking a predominantly negative trend as the yen fell.
Better-than-expected GDP data from Japan also boosted sentiment. The economy expanded by 0.5% in the third quarter, compared with a Bloomberg consensus for 0.2%, thanks to a surprise gain in net exports. On the year, the economy expanded by 2.2%, well above the 0.9% expected, according to a preliminary government estimate.
The dollar was recently up 0.89% against the yen at 107.6000.
The Nikkei 225 closed up 1.71% at 17,672.62, while the Topix closed up 1.58% at 1,400.00.
Citizen Watch led the Nikkei higher, rising 9.6% after the company reported declining first-half sales and earnings on Friday and announced it would cancel treasury shares equating to about 3% of its share capital.
U.S. stock futures were up, with the Dow Jones mini gaining 0.56%, the S&P 500 mini up 0.49% and the Nasdaq 100 mini up 0.53%.
In China the CSI 300 rose 0.38% to 3,430.13.
Chinese government data pointed to recovering industrial investment , with industrial spending putting annual industrial value-added growth at 6.1% in October. The growth rate was stable on September's but came in just under the 6.2% expected.
Year-to-date growth in fixed asset investment edged up to 8.3% from 8.2%, ahead of expectations for 8.2% growth. However, separate government data on retail sales disappointed. October retail sales rose by 10.0% in October year-on-year instead of the 10.7% predicted, the National Bureau of Statistics office report showed.
In Hong Kong the Hang Seng fell 1.33% to 22,230.98, with banking and real estate stocks giving up last week's gains.
In Sydney the S&P ASX 200 closed down 0.47% at 5,345.73.
The stocks had risen last week on news of Donald Trump's Presidential victory.
Spot gold was recently down 0.30% at $1,223.99 an ounce.
Brent crude slipped 0.07% at $44.72.
The dollar was recently up 0.93% against the Indian rupee at 67.2462 after the Reserve Bank of India called for calm amid a scramble to withdraw money following a government decision last week to scrap 500 and 1,000 rupee notes. An unnamed RBI official separately told Reuters the central bank would likely cut repo rates in coming months. Indian equity markets were closed for a public holiday on Monday.
In Seoul after the close of trading Samsung Electronics (SSNLF) said it would spend $8 billion on U.S. car parts company Harman International Industries (HAR) . Samsung shares had closed down 2.8%, while Harman had closed Friday up 0.5% at $87.65. Samsung will offer at 28% premium, or $112 per Harman share.