Japan's business spending suggests upward revision to first-quarter GDP
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TOKYO (Reuters) - Japanese business spending rose in January-March, continuing the expansion seen over the past two years and pointing to a likely upward revision in overall economic growth in the first quarter as investment held up despite external trade pressures.Ministry of Finance (MOF) data out on Monday showed capital expenditure grew 6.1% in January-March from the same period last year, led by chemicals, production machinery and leasing of goods. It followed a 5.7% gain in the previous..