HONG KONG: Asian shares were mixed Thursday with Tokyo extending its gains following a record close on Wall Street in pre-holiday trade, while the dollar rose to a five-year high against the yen.

The greenback rose to 104.85 yen in early trade—its highest since October 2008—before settling at 104.71 yen, compared with 104.39 yen Wednesday in Tokyo. New York was closed for the Christmas holiday.

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