HONG KONG: Asian investors started the week on a cautious note on Monday as they assessed the outlook ahead of an expected series of interest rate hikes by the Federal Reserve, while data showed growth in China's economy slowed at the end of last year.

While the fast-spreading Omicron coronavirus variant continues to cast a shadow across trading floors, the focus is on the US central bank's plans to tighten monetary policy to fight surging inflation.

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