TOKYO -- Japan's stock market is heading toward a repeat performance from last spring as the country prepares for another COVID-triggered state of emergency, the declaration for which is expected to come on Thursday, nine months to the day since the central government issued its initial "soft lockdown."
Investors have spent the week rushing to sell stocks in sectors like transportation, retail, food and beverages, all likely to be negatively impacted by the state of emergency, which is initially expected to last a month, covering Tokyo and its neighboring prefectures of Chiba, Kanagawa, and Saitama.
