Oil prices fell in early Asian trade on Tuesday, cutting short a brief rebound from 15-month lows as markets hunkered down before a Federal Reserve interest rate decision this week, while concerns over a banking crisis continued to spur cautious trading.

The dollar regained some ground on Tuesday but was pinned near a five-week low as traders tiptoed back into riskier assets after UBS' state-backed takeover of Credit Suisse allayed some fears of a widespread, systemic banking crisis.

The International Trade and Industry Ministry (Miti) has secured potential investments worth RM24 billion as well as RM4.24 billion of potential exports of products and services through its recent trade and investment mission to South Korea.

Foreign selling of Malaysian equity continued for the third consecutive week, albeit at a slower pace of RM536 million last week, from RM556.9 million in the prior week.

The Bank of Japan (BOJ) must be ready to work further towards improving market functions if needed, a central bank policymaker said at a March meeting, underscoring the bank's concern over the rising cost of its bond yield control policy.

Auto makers and dealerships in China are slashing prices after the lifting of pandemic controls failed to reverse slumping demand in the world’s largest car market.