3faeccb733c2a02d650f6a706700e5ddJapan reported Monday that its economy contracted at a real annual rate of 1.6 percent in July-September, in a second straight quarterly decline that returned the country to recession. A steep drop in residential investment failed to offset a modest recovery in exports, the government reported. Most economists had forecast the world’s third-biggest economy expanded at about a 2 percent pace. The negative growth figure was much lower than expected and makes it very likely Prime Minister Shinzo Abe will delay implementation of a sales tax hike planned for October, 2015. More