Trump, Abe agree to 'consult closely' after Singapore summit

Trump, Abe agree to 'consult closely' after Singapore summit

Trump, Abe agree to 'consult closely' after Singapore summit

Labor leader Bill Shorten said not many people would have predicted the summit would take place, so he was pleased it occurred.

The eyes of the world upon them, U.S. president Donald Trump and North Korean leader Kim Jong Un will head into their historic summit balancing the elusive promise of peace against the spectre of a growing nuclear threat.

The outcome may determine the fate of North Korea's nuclear programme.

He would not say whether that included the possibility of withdrawing USA troops from the Korean Peninsula, but said the context of the discussions was "radically different than ever before". "So this is an important concession that the United States is making to North Korea".

Pyongyang does appear willing to make some compromises, however.

"Trump was going to stay longer, if negotiations have progressed". He added that he suspected he "somewhat had something to do with this North Korean situation". Professor Sung-Yoon Lee from the Fletcher School of Law and Diplomacy at Tufts University in Boston says: "I think President Trump is walking right into an elaborate trap set by the North Koreans". The meeting could go one, two, or even three days, Trump has told reporters in Washington.

"Trump spoke yesterday with Prime Minister Shinzo Abe of Japan".

Federal Reserve raises interest rates and signals more hikes
Phillip Securities Research said that it was maintaining Singapore Banking Sector at Accumulate as loans growth remains healthy. The Federal Reserve announced today that it would raise the target range for the federal funds rate by a quarter of a point.

Retired US basketball star Dennis Rodman arrives in Singapore. On the other hand, the pressure on Trump to gain something out of this highly-anticipated meeting has also mounted. "We will see how far we get".

Trump and Kim met for about 40 minutes Tuesday one-on-one, joined only by interpreters. Plus, there also remains the question of the rule of the Kim family.

There was speculation that the summit might continue into a second day, however Mr Trump is now scheduled to leave Singapore on Tuesday evening.

Changi [Singapore], June 12: North Korean leader Kim Jong Un learned about "social and economic development" of Singapore during his surprise night visit here on Tuesday. As a rule, they would only report on the leader's movements after the event.

US Secretary of State Mike Pompeo said the president was fully prepared for the meeting.

The US side seeks denuclearization on the Korean Peninsula under terms that give US and worldwide authorities broad power to inspect nuclear reactors in North Korea at any time they choose to verify parts of a potential denuclearization agreement.

Pompeo further hinted at giving immunity to North Korea as he said that the USA would ensure "that denuclearisation isn't something that ends badly for them (North Korea)".

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