Samsung announced an investment plan totaling 2,655 tln won, of which 2,030 tln won will be allocated to semiconductor industry clusters in Yongin and Pyeongtaek, South Korea.

Iraq’s foreign minister told a joint press conference in Baghdad with Iran’s foreign minister that Baghdad is willing to mediate between the US and Iran to help end the conflict, saying Iraq maintains good relations with both and is prepared to work with both sides. He said Iraq has previously facilitated US–Iran cooperation. Despite a memorandum of understanding between Iran and the US, he added that clashes in the Strait of Hormuz continue and warned the war must end to avoid regional destruction.

ECB Governing Council member Kazaks said the probability of a downside scenario has fallen sharply.