BOJ may hold emergency meet for new loan scheme to combat pandemic

TOKYO (Reuters) - The Bank of Japan may hold an emergency meeting before a scheduled rate review in June to set up a reward scheme for financial institutions that boost lending to small firms hit by the coronavirus, Governor Haruhiko Kuroda said on Thursday.Japan's $1.1 trillion stimulus package has cheap loans on offer for firms hit by a virus-related slump in sales, and Kuroda has ordered staff to prepare a scheme spurring financial institutions to boost lending to such firms."We'd like to..