IATA last week said the coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year
Japan would take 0.5 percentage point hit and Korea a 1 percentage point knock
The funds will be available for all ADB developing member countries in updating and implementing their pandemic response plans
Consequently, the total global lost revenue will come to $29.3 billion and represent a 4.7 per cent hit to global demand
US crude soared 4.42% to $65.47 a barrel
Asia-Pacific is on target to surpass $40 trillion in HNWI wealth by 2025, says report
India was open to working with like-minded countries on issues that advance its interests
India draws more expat entrepreneurs than countries in the Middle East, such as Bahrain (7%) and the UAE (5%)
Australia led the region by a considerable margin, with $10.2 bn spread across five buyouts.