Japan posts a second quarter of contraction, sparking recession fears

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Japan Q2 Highlights Q3 GDP declines -0.4% vs. 0.5% estimates Q2 GDP revised downwards to -1.8% from -1.7% previously Delay of the sales tax hike, due in October 2015 most likely to be delayed Shinzo Abe could possibly confirm rumors of calling for a snap election next month Asian markets opened soft on Monday weighed down by the disappointing GDP figures from Japan. The Q3 GDP whic...

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