Asian markets settled mixed on Monday as a slew of Fed officials warned that inflation progress could slow or stall, denting the prospects for another interest rate cut in December. Meanwhile, investors were awaiting important US economic data due this week, including September's delayed US Jobs report and the release of October's more hawkish federal reserve's meeting minutes. Japanese shares declined with Japan's yen steady after data showed Japan's economy contracted by 0.4% in the July-September quarter, its first setback in six quarters. Shares in Japanese tourism and retail firms fell sharply after China warned its citizens not to travel to Japan amid an escalating row over comments made by prime minister Sanae Takaichi about Taiwan. Chinese shares dropped as a diplomatic rift with Japan worsened and the US said it aims to finalize rare earths deal with China by the Thanksgiving holiday at the end of November.