TOPWRAP 2-Japan, S.Korea output rises; US data lifts markets


* Japan industrial output up first time in six months * Fed says U.S. contraction appears somewhat slower * U.S. GDP shrinks at 6.1 pct rate in Q1 * World stocks hit 4-month peak on hints of recovery in data * South Korean March factory output beats expectations (For full crisis coverage, double click on [nCRISIS]) By Leika Kihara and Cheon Jong-woo TOKYO/SEOUL, April 30 (Reuters) - Factory output in Asian export powerhouses Japan and South Korea picked up in March in another ...

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