BREAKING NEWS: Japan's GDP downgraded to 1.3% annualized growth in April-June

Japan's economy grew an annualized real 1.3 percent in the second quarter of 2019, revised down from the 1.8 percent expansion initially reported, government data showed Monday.The growth in real gross domestic product, the total value of goods and services produced in the country adjusted for inflation, corresponds to a 0.3 percent increase from the previous quarter, according to the Cabinet Office.<full story>Related coverage:Japan corporate profits tumble in 2nd quarter on U.S.-China trade warREAD FULL ARTICLE