Trump and Kim Shake Hands, but Asian Markets Are Mostly Flat

Trump and Kim Shake Hands, but Asian Markets Are Mostly Flat

China's foreign ministry embraced the historic summit between President Donald Trump and North Korean leader Kim Jong Un Tuesday, expressing support for the "equal talks" and praising the leaders for "creating a new history" in Singapore. The North Korean autocrat's every move will be followed by 3,000 journalists up until he shakes hands with Trump.

Trump will also speak with reporters in Singapore before departing for home.

Pompeo stressed that the Trump administration would only accept complete denuclearisation of the North.


Reacting to the news of the two leaders meeting, basketball star and unlikely North Korea envoy Dennis Rodman, who is also in Singapore, said holding the summit was the right thing to do.

US President Donald Trump says his historic talks with North Korean leader Kim Jong-un that ended in a joint agreement were "tremendous".

Mr Lee, for his part, thanked Mr Kim for coming to Singapore, the farthest the North Korean leader has travelled out of his country since assuming power in 2011.

But when pressed by reporters, the secretary of state would not say whether that could include reduction of the number of or removal of US troops in South Korea.

Trump's retort included mention of his own "nuclear button" - one that doesn't actually exist.

President Trump committed to provide security guarantees to the DPRK, and Chairman Kim Jong Un reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula.

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Professor Hajek added Trump showed his experience in front of the TV cameras during the initial meeting.

"He said Singapore is clean and handsome and every building is stylish as he heard of in the past, adding he is going to learn a lot from the good knowledge and experience of Singapore in various fields in the future", KCNA reported.

"This is just a new beginning", Trump said while shaking hands with Kim.

Only hours before the White House announcement, US Secretary of State Mike Pompeo had seemed to lower expectations for the meeting, which Trump had earlier predicted could potentially yield an on-the-spot deal to end the Korean War.

It's a neutral player in the region and both the US and North Korea have embassies there.

U.S. President Donald Trump and North Korean leader Kim Jong Un walk in the Capella Hotel after their working lunch, on Sentosa island in Singapore June 12, 2018. I got so many death threats.

The North Korea leader said through a translator that the document "heralds a new start, leaving the past behind".

Pompeo declined to comment on a question about the approximately 28,500 US servicemembers based in South Korea.

Tuesday's statement, notably, contains no references to complete, verifiable, and irreversible denuclearization (CVID) - long a key US demand going into talks with Pyongyang.

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