TOKYO — Asian shares were mixed Tuesday as optimism about a gradual economic recovery from the coronavirus pandemic were tempered by worries over the variants spreading rapidly in some nations.

Japan’s benchmark Nikkei 225
NIK,
+0.15%

added 0.3% in morning trading. Australia’s S&P/ASX 200
XJO,
+0.07%

lost early gains but was still slightly higher. South Korea’s Kospi
180721,
-0.68%

declined 0.7%. Hong Kong’s Hang Seng
HSI,
+0.29%

rose 0.2%, while the Shanghai Composite
SHCOMP,
-0.14%

dropped nearly 0.2%. Stocks rose in Singapore
STI,
+0.57%

but declined in Taiwan
Y9999,
-0.78%

and Indonesia
JAKIDX,
-1.31%
.

While investment sentiment was buoyed by recent announcements from companies in Asia that…

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