Seoul shares end higher on US inflation data, POSCO


(Updates to close) By Rafael Nam SEOUL, Feb 24 (Reuters) - Seoul shares gained almost 2 percent on Thursday, as concerns about U.S. inflation eased, and as steelmaker POSCO hit a record high amid expectations it will raise domestic steel prices to offset rising raw materials costs. A dip in the South Korean won brought some relief to exporters, after finance minister Lee Hun-jai described its recent surge as "temporary." The local unit had breached the key 1,000-level versus the dollar ...

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