Asian stocks have risen as investors weighed last week's megacap earnings showing significant spending on artificial intelligence, while the dollar held near a three-month high after hawkish comments from Federal Reserve policymakers.

Gold prices fell, edging further away from the record peak it has been at most of last month, while oil prices rose after OPEC+ decided to hold off production hikes in the first quarter of next year, easing fears of a supply glut.

Investors are still focused on developments from last week, including central bank meetings and the US-China agreement on a year-long trade truce that was within broad expectations. But doubts remain if the truce will last for the full duration.

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.2 per cent higher on

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