SK Innovation, Korea s leading refiner by sales, said Monday its net losses widened in the first quarter from a year earlier due mainly to foreign-exchange losses.
L&F, a Korean cathode material company, said Monday it has signed a 13.19 trillion-won ($9.85 billion) deal to supply high-nickel cathodes to SK On, the battery unit of chip-to-construction conglomerate SK Group.
During the past decade, Hillhouse Investment, a major global private equity firm (PEF) with its assets under management (AUM) standing at $73.3 billion, has been strengthening investment in the climate technology sector, as the firm sees opportunities in the energy transition and transport industries.
RISK appetites have risen as expected threats failed to materialize last year, the Financial Stability Coordination Council (FSCC) said, opening up opportunities not only for businesses but also regulators to prepare for and prevent future shocks.