SYDNEY (Reuters) -Asian markets kept their nerve on Monday and oil prices climbed anew as the conflict between Israel and Iran showed no sign of cooling, adding geopolitical uncertainty to the world's economic troubles in a week packed with central bank meetings.

Asian shares proved resilient on Monday and oil prices rose anew as the conflict between Israel and Iran showed no sign of cooling, adding geopolitical uncertainty to the world's economic troubles in a week packed with central bank meetings.

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Gift Nifty was trading 51.60 points, or 0.21 per cent, higher at 24,779. Asian markets were largely mixed, with Japan's Nikkei and Korea's Kospi rising 0.74 per cent and 0.29 per cent, respectively.

India’s benchmark indices tarded slightly higher on Wednesday, reflecting gains seen across other Asian markets amid signs of progress in trade negotiations between the U.S. and key partners like India and China.

Asia stock markets rise on Monday as investors assessed potential easing of US-China trade tensions and the latest economic data. Read more details here.

South Korean President Lee Jae-myung said on Wednesday the government was preparing to revamp the country's tax system to boost dividend payouts, as part of a broader push to make the domestic stock market more attractive.

Asian shares are trading mixed, as Wall Street's big recent rally lost some momentum following a pair of potentially discouraging reports on the American economy.

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