YG Entertainment (122870.KQ) YG Entertainment Inc. has confirmed that all four members of K-Pop group Blackpink have renewed their contracts with the agency amid concerns about the band’s split. The new contract is believed to be among the most lucrative signed by any music group this year. Shares surged almost 26% on the back of the news, the biggest daily jump since it went public in 2011. It comes as Blackpink, a four-member K-pop band that debuted in 2016, is now planning a new album and world tour with YG, the agency said in a statement on Wednesday. The group became the world’s most popular girl band with their songs setting records on the Billboard charts with hits like Shut Down and Pink Venom. They were also the first K-pop headliner at Coachella. “We are more than thrilled to finally make an official statement that YG will continue the intimate relationship with Blackpink,” YG Entertainment founder Yang Hyun-Suk said in the statement. “As the group represents YG and K-pop itself, they will certainly endeavour to shine brilliantly in the global music market.” TUI (TUI.L) TUI shares flew as much as 10% higher on Wednesday after it revealed it was considering...