India's annual retail inflation has accelerated to its highest level in more than five years, boosted by surging food and oil prices, increasing the likelihood of an extended pause in the central bank's interest rate cuts.

The United States Treasury Department on Monday said China should no longer be designated a currency manipulator in a long-delayed semi-annual currency report, reversing its August finding, which had roiled financial markets.

Indonesia has signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah ($23bn) covering investment in energy and other sectors, Indonesian President Joko Widodo said via his Twitter account on Monday.

German engineering group Siemens said it would fulfil its contractual obligations to a controversial coal mining project in Australia's outback, attracting criticism from environmental groups on Monday.