Asian shares were mixed Tuesday after reports showed China's manufacturing slowdown is moderating as anti-virus curbs on businesses in Shanghai and Beijing ease, the Associated Press reported. Oil prices were trading near $120 per barrel. Benchmark U.S. crude oil gained $3.43 to $118.50 per barrel in electronic trading on the New York Mercantile Exchange. It added 98 cents to $115.07 per barrel on Monday. Brent crude, used as the basis for pricing for international trading, advanced $1.56 to $119.18 per barrel. The Shanghai Composite index gained 0.8% to 3,174.42 and Hong Kong's Hang Seng edged 1% higher, to 21,332.72. Tokyo's Nikkei 225 lost 0.3% to 27,279.80, while the Kospi in Seoul gained 0.5% to 2,683.65. Australia's S&P/ASX 200 lost 0.7% to 7,237.30. The dollar rose to 127.87 Japanese yen from 127.55 yen late Monday. The euro fell to $1.0750 from $1.0778.
