Business
Japan has revised up its growth figures for the January-to-March period, due to stronger growth in business investment. The Cabinet Office said the economy grew 1.6% during the period, up from its initial estimate of 1.5%. That translates into an annualised growth rate of 6.7% - up from the initial figure of 5.9%. Many analysts had expected a downward revision.
Background:
Japan growth data revised upwards [BBC]
