GOLD FUTURES CLOSE HIGHER ON WEAKER US DOLLAR

KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed higher today as the US dollar and US bond yields fell in the wake of the weak jobs report.

A weaker US dollar is likely to drive the price of gold higher through increasing…

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POSCO completes construction of LNG storage tanks

POSCO International Corp. said Tuesday it has completed the construction of a liquefied natural gas (LNG) terminal, marking the first such facility operated by a private business.

The trading and energy unit of South Korea’s top steelmaker, POSCO, s…

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