Singapore's FTSE Straits Times Index rises 1.1% to 3793.91, led by shipping stocks. The main theme overnight was largely risk-on sentiment, after markets digested better than expected ISM manufacturing data, the Commerzbank Research team writes in a note. Markets will eye U.S. employment data and remarks from Fed speakers due this week, they add. Yangzijiang Shipbuilding rises 7.0% after announcing new contracts worth $2.63 billion. Seatrium gains 2.05% and Keppel is 1.6% higher. Meanwhile, Hongkong Land is 0.2% lower. (kimberley.kao@wsj.com)
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