BOJ extends support for virus-hit firms, maintains monetary policy

The Bank of Japan decided Friday to extend the deadline for its scheme to support corporate funding by six months until next March and maintained its ultraeasy monetary policy as the coronavirus pandemic drags on.The BOJ, in a surprise move at a two-day policy meeting, decided to launch a program this year to provide funds to financial institutions for their investments or loans aimed at addressing climate change that Governor Haruhiko Kuroda said would have "an extremely large" impact on the economy. An outline of the new measure will be unveiled at the next policy meeting in July.To keep …READ FULL ARTICLE