LAHORE: All Pakistan Gems and Jewellers Association Convention held here demanded from the government for the abolishment of withholding tax.

SINGAPORE: Oil prices eased in Asian trade Monday after breaching the 58-dollar mark last week on hopes that the flagging global economy was on the mend, analysts said. New York's main futures contract, light sweet crude for delivery in June, was down 20 cents to 58.43 dollars a barrel from Friday's close at around 0200 GMT. Brent North Sea crude for June delivery shed 10 cents to 58.04 dollars.Analysts said buoyant oil prices were a cause for concern as the fundamentals of the oil markets were still weak. The prices were likely to rise further in the week ahead as "60 dollars looks like a magnet for investors in oil," said the analysts.