Shares of K-pop agency plunge after Lisa Blackpink reportedly rejects contract renewal offer

23 Sept 06:09 Key points summarised by AI

YG Entertainment shares tumbled almost 9% after South Korean media reported Blackpink member Lisa rejected contract renewal offers.
The reported rejection, involving two offers worth an estimated 50 billion South Korean won ($37.6 million), caused YG's largest one-day stock drop since September 2022.
YG Entertainment stated that discussions regarding Lisa's contract renewal are ongoing and that the rumors have not been officially confirmed.
The development comes as Blackpink, one of YG's most successful groups, concludes its massive 'Born Pink' world tour, with the group's seven-year contracts expected to have expired in August.

Lamphun in a New Light

Today 15:02 Key points summarised by AI

Lamphun illuminates its ancient city with two concurrent light festivals: the high-tech VIJIT Thailand @ LAMPHUN and the traditional Hundred Thousand Lantern Festival.
VIJIT Thailand @ LAMPHUN transforms historic landmarks into an outdoor gallery, using projections and multimedia to animate Lamphun's history, including Queen Chamadevi's story.
The Hundred Thousand Lantern Festival, part of Yi Peng, fills temples and streets with countless traditional lanterns, symbolizing Buddhist devotion and personal wishes.
These festivals offer a unique after-dark experience, blending contemporary light art with centuries-old Lanna traditions, connecting visitors to Lamphun's past and faith.