Asian markets settled mostly down on Monday ahead of the release of minutes from the US Fed's last meeting due on Wednesday and the US December payrolls report due on Friday, with Japanese markets led declines due to profit taking after the Nikkei index's year-end rally. Chinese and Hong Kong shares dropped, even after a private sector survey showed China's service activity expanded at a faster clip at the end of 2024. While the Chinese onshore yuan breached a key milestone for the first time since late 2023 amid reports that the PBoC will issue the largest-ever offshore yuan bonds in Hong Kong this month. However, Seoul shares gained after a court dismissed an appeal by lawyers of Yoon Suk Yeol against an arrest warrant for the impeached president.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,206.92 | -4.51 | -0.14 |
| Hang Seng | 19,688.29 | -71.98 | -0.37 |
| Jakarta Composite | 7,080.47 | -83.96 | -1.19 |
| KLSE Composite | 1,625.47 | -3.99 | -0.24 |
| Nikkei 225 | 39,307.05 | -587.49 | -1.49 |
| Straits Times | 3,821.84 | 20.01 | 0.52 |
| KOSPI Composite | 2,488.64 | 46.72 | 1.88 |
| Taiwan Weighted | 23,547.71 | 639.41 | 2.72 |
