Asian markets were mixed on Monday. China's Shanghai Composite lost 0.3% to 2,890.08 after surveys showed a deteriorating manufacturing outlook in May. Japan's Nikkei 225 index lost 0.9% to 20,410.88, and Hong Kong's Hang Seng shed 0.1% to 26,871.23. The S&P ASX 200 dropped 1.2% to 6,320.50, and South Korea's Kospi rose 1.3% to 2,067.85. India's Sensex rose 0.8% to 40,031.29. Shares rose in Singapore. Markets in Indonesia, Malaysia and Thailand were closed. Benchmark U.S. crude oil gave up 54 cents to $52.96 per barrel in electronic trading on the New York Mercantile Exchange. It tumbled 5.5% to settle at $53.50 a barrel on Friday. Brent crude, the international standard, skidded 90 cents to $61.09 per barrel. It closed 3.6% lower on Friday. The U.S. dollar was trading at 108.26 yen, down from 108.28 yen late Friday.The euro rose to $1.1172 from $1.1170 late Friday.
