Oil slipped as traders turned their attention to US President Donald Trump’s meeting with Ukrainian President Volodymyr Zelenskiy on Monday, with the Ukrainian leader facing US pressure to reach a peace deal with Russia that involves ceding territory.

Malaysia’s ringgit is poised to restart a rally, potentially hitting its strongest level against the dollar in almost a year, as analysts see a dovish central bank and fiscal pledges boosting sentiment.

Singapore's non-oil domestic exports fell 4.6% in July from the same month a year earlier, government data showed on Monday, weaker than analysts' estimates as pharmaceuticals led a drop in non-electronics shipments. The fall compared with a Reuters poll forecast for annual contraction of 1.8%, and followed a revised 12.9% rise in June.

India has proposed lowering the goods and services tax (GST) on small cars to 18% from the current 28% as part of sweeping consumption tax cuts, a government source said on Monday.

Thailand’s economy expanded faster than expected in the second quarter as exports gained ahead of the imposition of higher US tariffs, helping counter slowing tourism and a generally moribund domestic economy.