Shares mostly gained in Asia on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week. U.S. futures and oil prices advanced.

That weaker-than-expected report follows an update on the labor market Thursday that showed unemployment benefits held steady last week. In Asia, Japan’s benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after ...

Shares fell in Asia on Tuesday after the Nasdaq set a record ahead of a meeting by the Federal Reserve later this week that could set the direction for markets in the new year. U.S. futures slipped and oil prices reversed early losses.

Investors assessed November inflation numbers from Japan's capital of Tokyo, which saw its headline inflation rate come in at 3%, compared to 2.6% in October.