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US and Iran halt attacks ahead of peace talks over Strait of Hormuz

The United States and Iran have agreed to halt attacks on each other ahead of peace talks set to resume this week, covering issues including the Strait of Hormuz. The agreement ends days of tit-for-tat strikes that had tested a fragile truce. Separately, South Korea announced a major investment drive led by Samsung Electronics and SK Hynix into memory chips, data centres and robotics.

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