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South Korean stocks rose more than 4%, helping the broader MSCI Asia Pacific Index gain 1.2%.
Washington and Tehran are in the 'final stages' of negotiations, according to President Trump.
KEY POINTS
- 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
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