TOKYO - Toyota quarterly profit more than doubles to 314 billion yen ($3.2 billion) on yen, cost cuts.

Asian markets were mixed Tuesday, with Tokyo soaring to its highest close in almost five years after a four-day holiday weekend but with other major bourses following Wall Street's uncertain lead. Japan's Nikkei added 3.55 percent, or 486.20 points, to 14,180.24 -- its best finish since June 2008 -- as investors caught up with several positive reports from last week, including favourable US jobs data and a European Central Bank (ECB) interest rate cut.

Tokyo stocks soared nearly three percent on Tuesday morning as investors returned after a four-day weekend with the yen weakening and Wall Street hitting fresh all-time highs on solid jobs data. The benchmark Nikkei 225 index added 2.84 percent, or 389.22 points, to 14,083.26 by the break, its best intra-day performance in nearly five years, while the broader Topix index of all first-section shares was up 2.63 percent, or 30.32 points, to 1,183.60.

Asian markets slipped Thursday after US stocks tumbled on the back of weak employment and manufacturing data, as dealers eyed a policy meeting of the European Central Bank later in the day. Tokyo closed down 0.76 percent, or 105.31 points, at 13,649.04, Seoul fell 0.34 percent, or 6.74 points, to finish at 1,957.21, while Sydney ended 0.70 percent, or 36.2 points, lower at 5,130.0. In afternoon trade, Hong Kong eased 0.31 percent while Shanghai was down 0.51 percent, a day after official data showed that manufacturing activity in China slowed last month.