Asia-Pacific markets begin Christmas week higher; Nissan-Honda merger deal in focus

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Investors will be looking out for any official announcement related to the merger of Japanese automakers Honda Motor and Nissan Motor.

Investors will be looking out for any official announcement of a merger between Japanese automakers Honda Motor and Nissan Motor.

Asia markets climbed after a U.S. government shutdown was averted and as a cooler-than-expected inflation reading helped lift U.S. markets Friday. Asia-Pacific markets started the holiday-shortened Christmas week on a positive note, with investors awaiting the official announcement related to the merger of Japanese automakersMonday. They are expected to hold a press conference Monday afternoon, according to a Google translation of the report in Japanese.

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