Runaway yen spurs business growth

That headline caused me to do a double-take. “Runaway Yen”? Running away from a beating maybe… Then the article itself caused me to do another double-take:

Net profits announced so far by major Tokyo Stock Exchange-listed companies for the April-December period have jumped by nearly 40 percent year on year.

The Yen wasn’t weakening much in this period. Hmm. Curious article.

Then there is this article:

Panasonic scores surprise profits thanks to weakening yen, cost cuts

The article doesn’t even mention cost cuts or a weakening currency. Or Panasonic’s profits.

Curiouser and curioser.