Shares mixed in Asia as China-US tensions cast shadow

MITO, Japan (AP) — Asian shares are mixed, with the region’s biggest market in Tokyo closed for a four-day weekend. Benchmarks rose in Hong Kong and Sydney but fell in Shanghai and Seoul. South Korea’s central bank reported that its economy contracted 3.3% in April-June after shrinking 1.3% in the first quarter as exports fell more than 16%. In annual terms, the economy contracted at a 2.9% pace. Overnight, shares in New York posted solid gains after a choppy day of trading. Th