Asian markets were broadly higher on Monday as cautious investors sought fresh direction, with Tokyo closed and ahead of an extended Thanksgiving holiday weekend in the United States.

Pacific Investment Management Co., manager of the world's biggest bond fund, said China's yuan, South Korea's won and the Singapore dollar offer “attractive value” because central banks need to counter inflation.

Asian policy makers are studying capital controls to limit “hot money” inflows that may stoke asset bubbles and force their currencies to appreciate.

From Angola to Belarus, emerging-market governments are planning first-time debt offerings to take advantage of the biggest bond rally in at least 11 years.

Asian markets fell on Friday as investors followed a Wall Street tumble on renewed concerns about the global economic recovery while Japan declared it was in a state of deflation.

Asian markets were mixed on Thursday as a weak performance on Wall Street and fears of a share glut in Tokyo were offset by gains in the financial and property sectors.

Leaders of Asia Pacific telecom giants meet in Hong Kong Wednesday for the industry's top trade show in the region as they vie to dominate the world's fastest-growing and most diverse mobile market.

Asian markets were mixed Wednesday as investor sentiment remained cautious following slight gains on Wall Street overnight, dealers said.

Asian markets were mostly lower Tuesday on profit-taking after the previous day's gains, despite a positive lead overnight from Wall Street on upbeat data that boosted U.S. recovery hopes.

Asian shares saw strong gains amid high capital inflows Monday, but investor caution in Tokyo overshadowed news that Japan's economy grew the fastest in more than two years in the latest quarter.