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South Korea stocks slump as Bank of Korea delivers first rate rise in three years

The Bank of Korea raised interest rates for the first time in three years, and South Korean equities sold off in the session. The decision is the first rate move under Shin Hyun-song, taken amid concern over won…

NM
NewsMV Markets Desk
3 min read
19 July 2026Markets desk
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Bayer's sevabertinib cleared for first-line use in HER2-mutated NSCLC under U.S. accelerated approval

U.S. regulators have granted accelerated approval to sevabertinib, Bayer's (BAYRY) targeted therapy for HER2-mutated non-small cell lung cancer, clearing it as a first-line treatment option in that genetically defined…

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Independence Realty Trust to buy Centerspace in $8.1 billion all-stock multifamily deal

An all-stock agreement will merge Independence Realty Trust (IRT) and Centerspace into an $8.1 billion multifamily REIT with roughly 44,000 units spanning the Sun Belt, Midwest, and Mountain West. IRT will absorb 47…

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NewsMV Markets Desk
3 min read
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Apple Watch Live Rewind in focus as AAPL adds AI speech recall to the wrist

The AI-powered Live Rewind feature on the latest Apple Watch gives users a rolling 15-second text transcript of surrounding speech, surfaced on demand. The addition moves Apple (AAPL) into real-time speech recall

NM
NewsMV Markets Desk
3 min read