Page 39 - Jack Kim News Today

* Okonjo-Iweala would be first female DG * WTO functions are partially paralysed (Adds comments from Nigerian candidate, recasts, adds context, reaction throughout) By Hyonhee Shin and Emma Farge SEOUL/GENEVA, Feb 5 (Reuters) - Nigerias Ngozi Okonjo-Iweala is a step closer to becoming the first African and first woman to lead the World Trade Organization, after a South Korean rival withdrew on Friday following months of uncertainty over the bodys leadership. Okonjo-Iweala faced opposition from ...

TRADE-WTO/SOUTHKOREA (UPDATE 4, PIX):UPDATE 4-Nigerian woman poised to lead WTO after rival withdraws, Washington offers support

* Okonjo-Iweala would be first female DG * WTO functions are partially paralysed (Adds USTR statement) By Hyonhee Shin, Emma Farge and Andrea Shalal SEOUL/GENEVA/WASHINGTON, Feb 5 (Reuters) - Nigerias Ngozi Okonjo-Iweala was poised to become the first African and first woman to lead the embattled World Trade Organization, after a South Korean rival withdrew on Friday and the United States reversed its previous opposition. The government of President Joe Biden expressed its strong support for Ok...

SEOUL — South Korea’s trade minister Yoo Myung-hee said on Friday she has decided to withdraw from the race to lead the World Trade Organization, three months…

4 Min Read SEOUL/GENEVA/WASHINGTON (Reuters) - Nigeria’s Ngozi Okonjo-Iweala was poised to become the first African and first woman to lead the embattled World Trade Organization, after a South Korean rival withdrew on Friday and the United States reversed its previous opposition. Ngozi Okonjo-Iweala poses outside a Nigerian diplomatic residence in Chambesy, near Geneva, Switzerland, September 29, 2020. REUTERS/Emma Farge/File Photo The government of President Joe Biden expressed its strong...

South Korea PM orders revamp of COVID-19 social distancing rules

3 Min Read SEOUL (Reuters) - A swarm of online traders in South Korea is taking a leaf from the Reddit horde in the United States to quash a government plan to lift a pandemic-imposed ban on short-selling, triggering a rally in the most shorted-stocks such as Celltrion on Monday. FILE PHOTO: The logo of Celltrion is seen at companys headquarters in Incheon, South Korea, October 28, 2016. REUTERS/Kim Hong-Ji Almost 30,000 investors of the Korea Stockholders Alliance have come together at a membe...

28 Jan 2021 / 18:17 H. * Vaccinations start next month targeting 50,000 medical staff * 1.3 million people in initial priority group * Nine million people vaccinated by second quarter 2021 * General population inoculations start July (Recasts, adds detail of review of AstraZeneca vaccine) By Sangmi Cha SEOUL, Jan 28 (Reuters) - South Korea will review the use of AstraZenecas COVID-19 vaccine for the elderly because of limited efficacy data, the government said on Thursday, as it unveiled a pla...

* Also seeks to exit Dutch and Danish North Sea LONDON, Jan 28 (Reuters) - State-run Korea National Oil Corp (KNOC) has launched the sale of stakes in a number of oil and gas fields in the British, Dutch and Danish North Sea, according to a document seen by Reuters. This is the latest attempt by KNOC to dispose of parts or all of its North Sea subsidiary Dana Petroleum in an effort to reduce its elevated debt levels. It is also part of a broader retreat by major oil companies from the ageing ba...

4 Min Read SEOUL (Reuters) - A South Korean court will sentence Samsung Electronics Co Ltd heir Jay Y. Lee on a bribery charge on Monday, a ruling likely to have ramifications not just for his company but for all of South Korea’s chaebol conglomerates. FILE PHOTO: Samsung Group heir Jay Y. Lee arrives for a court hearing to review a detention warrant request against him at the Seoul Central District Court in Seoul, South Korea, June 8, 2020. REUTERS/Kim Hong-Ji Lee, 52, was convicted of bribi...