British newspaper the Telegraph and local media reported that a salvage team discovered the Russian Imperial Navy cruiser Dmitri Donskoi. The warship sank off the island Ulleungdo 113 years ago, rumored to be carrying 200 tons of gold, the Telegraph said. Kosdaq-listed Jeil Steel Manufacturing Co. surged to its daily limit of 30 percent on Tuesday when the reports first surfaced, before erasing almost half of that gain on Wednesday. …read more
Source:: Yahoo Finance