Spinning Markets or Media?

While looking at the headlines at Bloomberg today, some of them appear to be telling incredible story. Either way, markets or media are wrong:

Asian Stocks Advance on Yen, Bernanke Comments; Mazda Surges, for example says today:

April 6 (Bloomberg) -- Asian stocks rose for a fourth day, led by banks and carmakers, after the yen weakened to a five- month low and U.S. Federal Reserve Chairman Ben S. Bernanke said policies to unfreeze credit markets are working.

Well, if media is right, then I ask - what markets are doing based on Bernanke's speech? These statements by Bernanke's wisdom should lead the investors? I look at these historical references below and wonder:

Bernanke: There's No Housing Bubble to Go Bust
and the Paragraph 6 of this Testimony strikes me too:

Although the turmoil in the subprime mortgage market has created severe financial problems for many individuals and families, the implications of these developments for the housing market as a whole are less clear. The ongoing tightening of lending standards, although an appropriate market response, will reduce somewhat the effective demand for housing, and foreclosed properties will add to the inventories of unsold homes. At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained.

In a similar fate as the Asian Stocks Advance on Yen, Bernanke Comments; Mazda Surges report today, this one may also be misleading Yen Drops to 5-Month Lows as Stock Gains Spur Demand for Yield:

April 6 (Bloomberg) -- The Japanese yen declined to a five- month low against the dollar and the euro as stocks rallied on speculation the global financial crisis is easing, damping demand for the currency as a refuge.

Reasons for plunging yen may be quite different, like, among others, the shocking deepness of economic contraction in Japan, and a dire structural outlook in the land of rising sun?