Japan's revised Q1 growth blows past expectations

Japan posted stronger-than-expected growth in the first quarter as a pickup in capital spending drove the world's number three economy, but some economists warn that the recovery could be short-lived. The 1.0 percent expansion in January-March -- or 3.9 percent on annualised basis -- was sharply up from an initial estimate of 0.6 percent growth, according to the Cabinet Office figures. The upbeat data is good news for Tokyo's efforts to boost the economy, but household spending remains