Japan's first quarter growth revised up but trade deficit rises in April

A report on Monday showed that Japan's first quarter growth rate has been revised up to 1.6 percent from the preliminary estimate of 1.5 percent.

However, Japan's trade deficit rose 10.2 percent in April from a year ago as imports of fuel and electronics parts outpaced shipments of cars.

The current account showed a surplus of 187.4 billion yen though.

In contrast to Japan, China's trade surplus rose in May, a report showed on Sunday. Exports rose 7 percent last month from a year ago while imports fell 1.6 percent.