Asian stocks mixed

Asian stocks were mixed on Tuesday, despite impressive gains at the start of the week and a positive lead from Wall Street.
Tokyo finished 0.23 percent, or 21.02 points, up at 9,107.43 and Seoul added a whopping 4.83 percent, or 86.56 points, to 1,879.87, after a public holiday on Monday.
Hong Kong closed 0.24 percent, or 48.02 points, lower at 21,212.08 and Shanghai was down 0.71 percent, or 18.60 points, at 2,608.17. Sydney was 0.86 percent, or 35.6 points, off, closing at 4,247.3.
Mumbai ended 0.65 percent down, its third day of losses, with the Sensex index falling 108.69 points to 16,730.94, a 14-month-low.
India's annual inflation slowed to 9.22 percent in July but economists said the fact it remained near double digits made further interest rate hikes likely despite global economic uncertainty.
Asia's main bourses had recorded a very strong start to the week after a turbulent few days that had seen big falls, with traders scrambling to follow almost any lead.
The gains were picked up by Wall Street, where the Dow Jones Industrial Average leaped 1.90 percent; the S&P 500 added 2.18 percent, and the tech-rich Nasdaq Composite gained 1.88 percent.
Wall Street's gains -- the third straight session in which the market ended up -- came as global investors cheered a move by Google to buy Motorola Mobility Holdings.
But despite a positive day on Monday, Europe was unable to sustain its upwards momentum, with the region's main markets all falling ahead of a key eurozone crisis meeting on Tuesday.
A strong currency hits exporters by making their goods more expensive overseas and eroding repatriated profits.
On the forex market, the yen remained at near post-WWII highs against the dollar, standing at 76.74 in Tokyo, little changed from 76.83 yen in New York Monday evening.
The euro fell against the dollar and the yen on the disappointing German data. The common currency slipped to $1.4381 from $1.4440 in New York overnight and to 110.41 yen from 110.95 following the release of the data.
Japanese shares remained attractive, with about 65 percent of the Tokyo market's first section shares trading under book value, said Hiroichi Nishi, general manager at SMBC Nikko Securities.
Google's announcement brightened sentiment, but worries about the US economic outlook remained, Nishi said.
Oil prices dipped, with New York's main contract, West Texas Intermediate crude for delivery in September, down 62 cents to $87.26 a barrel in afternoon trade.
Brent North Sea crude for September was down 49 cents to $109.42.
Gold closed at $1,779.50-$1,780.50 an ounce, up from up from its Monday close of $1,744.00-$1,745.00. It opened at $1,766.00-$1,767.00.
In other markets:
Singapore fell 1.45 percent, or 41.67 points, to close at 2,832.73. Bangkok fell 0.86 percent, or 9.30 points, to 1,077.02.