HYBE

Gunmen attacked a group of cricket players in Khyber Pakhtunkhwa, Pakistan, killing three and wounding three others. The assault has drawn condemnation and renewed attention to insecurity in the northwestern province, where militants have repeatedly targeted civilians. Details about the victims and those responsible remain limited as authorities respond to the incident.

A deadly explosion struck Khyber Pakhtunkhwa province in northwestern Pakistan, according to initial news reports. Details on the number of victims, the target, and responsibility have not yet been confirmed as authorities respond to the scene. The province has frequently been hit by militant violence in recent years, and such attacks typically draw swift condemnation and security crackdowns.

Shares in South Korean entertainment companies HYBE and JYP Entertainment dropped sharply, with analysts pointing to the firms' heavy reliance on single intellectual properties for revenue. Investors are said to be worried that dependence on one flagship act leaves both companies exposed if that act's earnings slow, renewing debate about how diversified K-pop agencies' business models really are.