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Japan economy shrinks record 7.8% in April-June

Japan's economy shrank a record 7.8 percent in the April-June quarter, the worst contraction in the nation's modern history

Global concerns may shrink Wall Street's third-quarter estimates

NEW YORK: Slowing growth in emerging markets and currency fluctuations in anticipation of a U.S. interest rate hike may push third-quarter revenue and earnings estimates lower this month.

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