# South Korean stocks rose more than 4%, helping the broader MSCI Asia Pacific Index gain 1.2%.

*business · news · 2026-05-21 · NDTV Profit*

## Key points

- Washington and Tehran are in the 'final stages' of negotiations, according to President Trump.
- Iran is reviewing a new U.S. draft following its own 14-point proposal but has not responded.
- Oil prices cooled after progress in U.S.-Iran talks, reversing surges caused by earlier blockades.
- Samsung Electronics avoided a strike through a last-minute labor union agreement, causing shares to climb 7%.

**Companies:** Samsung Electronics
**Countries:** United States, Iran, South Korea, Japan, Australia

[Read the full story on NDTV Profit](https://www.ndtvprofit.com/markets/asia-markets-today-nikkei-kospi-leads-apac-region-rally-as-trump-says-iran-us-talks-near-final-stage-11525581)

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