China will seek to push its own vision of an Asia-Pacific trade pact at a regional summit next week, senior officials said Tuesday, just weeks after the release of a rival U.S.-led deal that pointedly excludes the Asian giant.

Beijing sought to promote the Free Trade Area of the Asia-Pacific (FTAAP) at last year's Asia-Pacific Economic Cooperation (APEC) summit, which it hosted.

Eurozone finance ministers were set to withhold two billion euros from Greece's huge bailout at a meeting on Monday, European sources said, as tensions resurfaced just months after Athens narrowly avoided a euro exit.

Athens has failed to meet strict reform commitments, with differences over foreclosure rules as the leftist government of Prime Minister Alexis Tsipras insists on protections for low-income homeowners, officials said.

The United Arab Emirates Air Force announced Monday a $1.27-billion deal with Swedish defense giant Saab to purchase two surveillance planes and upgrade two others.

The two new aircraft are Global 6000 surveillance planes, while the old planes to be upgraded are part of the UAE's fleet of Saab 340s, said Major General Abdullah al-Hashimi at a joint press conference at the Dubai Airshow.

The Nigerian National Petroleum Corporation (NNPC) has said it "may well be on the verge of a significant oil find" in the Lake Chad area, which has been blighted by Boko Haram-related violence. 

"There are signs from the latest 3D seismic studies that oil may well be very close to being found now in Lake Chad after very many years of trials," added group managing director Ibe Kachikwu. 

Low global oil prices will have a "correction" in 2016, but it won't be solely OPEC that helps to raise prices that have dropped over 50 percent, the United Arab Emirates' energy minister said Monday.

The oil-rich Emirates will raise daily production to 3.5 million barrels in the coming years, Minister Suhail Mohamed al-Mazrouei said at the start of the Abu Dhabi International Petroleum Exhibition and Conference.

High-yielding emerging market currencies often seen as riskier assets suffered big losses on Monday in Asia after strong U.S. jobs figures bolstered the case for a Federal Reserve interest rate lift-off this year.

The South Korean won and the Malaysian ringgit slumped more than one percent, while the Indonesian rupiah was down as well after weak Chinese trade data also weighed on the currencies.

U.S. aerospace group Boeing and India's Tata Advanced Systems announced Monday they are joining up to make airframe parts for the AH-64 Apache attack helicopter.

After initially building a manufacturing center in India for the Apache, they will expand the partnership to compete for further work on Boeing commercial and defense platforms, they said in a statement released during the Dubai Air Show.

French Prime Minister Manuel Valls said Sunday he was opposed to a full merger of Renault and Nissan, but wanted to "preserve the alliance", following a week of mounting tensions over the role of the state in the carmaker.

"What we want is to preserve the alliance, we don't want a merger. The state fully plays its role as a shareholder... and at the same time we have confidence in the managers of Nissan and Renault,"  Valls told reporters.

The Dubai Airshow took off Sunday to a slow start with a record low in sales expected as the Gulf's main airlines have already placed large orders with major manufacturers.

"Due to large previous orders, the total show order tally this year will be much less than years prior," said Ben Moores, senior analyst at IHS Aerospace, Defense & Security.

Huge blue and pink diamonds, the star attractions at major jewel auctions in Geneva in the coming days, are expected to fetch tens of millions of dollars and possibly set new world records. 

The anticipated sales prices for the two stones are part of a trend that has seen the market for colored diamonds explode, with values more than doubling over the last two decades.