Korea News Digest

Creditors issue ultimatum to HDC on Asiana takeover

SEOUL, Creditors of HDC Hyundai Development Co.’s planned takeover of Asiana Airlines Inc. issued an ultimatum to the company to notify them of its intent to follow through on the...

New parliament opens 1st session amid opposition boycott

SEOUL, South Korea’s newly elected parliament convened its first plenary session Friday, but the main opposition party boycotted the event in protest against the ruling party’s plan for the organization...

Novavax Awarded Department of Defense Contract for COVID-19 Vaccine

$60 million funding for manufacturing of NVX-CoV2373 10 million doses to be delivered to DoD in 2020 GAITHERSBURG, Md., June 04, 2020 (GLOBE NEWSWIRE) — Novavax, Inc. (NASDAQ: NVAX), a late-stage biotechnology company developing next-generation vaccines for serious infectious diseases, today announced that the company has been awarded a contract by the U.S. Department of […]

Imperial Capital Names Tim Sullivan as President as it Continues its Expansion

LOS ANGELES, June 04, 2020 (GLOBE NEWSWIRE) — Imperial Capital, LLC, a full service investment banking firm, today announced a new leadership appointment designed to drive the franchise’s ambitious growth initiatives in the US and abroad. Tim Sullivan, currently Managing Director and Head of Global Credit, has been named President of Imperial Capital, LLC. Tim […]