Japan's Q1 economy logs real 2.9 pct contraction

TOKYO, July 1 (Xinhua) -- Japan's economy contracted an annualized real 2.9 percent in the January-March period, down from the revised reading of a 1.8 percent decline, government data showed on Monday.

The Cabinet Office said gross domestic product (GDP), the total value of goods and services produced in a country, was revised again as the transport ministry revised down figures in mistakenly reported construct