Global stocks rise ahead of Trump-Kim summit

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Francis expressed hope Sunday that Tuesday's talks between U.S. President Donald Trump and North Korea's leader Kim Jong Un in Singapore will "contribute to the development of a positive path that will assure a future of peace for the Korean Peninsula and the entire world".

He added that the administration is prepared to provide North Korea with unprecedented security assurances and will ensure that denuclearization "is not something that ends badly for them".

North Korea's state-run news agency said Kim plans to discuss "the issue of building a permanent and durable peacekeeping mechanism on the Korean Peninsula, the issue of realizing the denuclearization of the Korean Peninsula and other issues of mutual concern".

FBN's Deirdre Bolton on President Trump's upcoming summit with North Korea. In the past, North Korea has said it requires the U.S.to pull back its own nuclear weapons systems in the region, as well as withdraw American troops from South Korea.

The historic handshake between Trump and Kim is to occur Tuesday on the 12-hectare grounds of the luxurious Capella Hotel on Singapore's resort island of Sentosa.

Kim Jong-un grinned for a photo with Singapore's finance minister Vivian Balakrishnan and education minister Ong Ye Kung atop the famous Gardens by the Bay landmark in the Asian city. On the question of denuclearisation, Trump said that by "working together, we will get it taken care of".

Trump also called the leaders of South Korea and Japan in advance of the summit, Pompeo said.

Trump withdrew the US from the 2015 Iran nuclear deal, which the Obama administration had reached with Iran, Britain, France, Germany, China and Russian Federation.

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He has raised the possibility of further summits and an agreement on ending the Korean War by replacing the armistice signed in 1953 with a peace treaty.

This will be the first time a sitting United States president and a North Korean leader will meet face to face.

North Korea, on May 24 carried out the demolition of its Punggye-ri nuclear test site in a series of "huge" explosions.

"We anticipate that they will come to their logical conclusion even more quickly than we anticipated", Mr Pompeo said.

He said complete, verifiable and irreversible denuclearisation is the only outcome Washington will accept, and sanctions will remain until Pyongyang verifiably removes its weapons programmes.

It is an extraordinary turnaround from the rhetoric of a year ago, when Trump threatened the North with "fire and fury" and Kim dubbed him a "mentally deranged United States dotard". If that's the approach Trump is instinctively drawn to, United States officials and experts worry Trump could make the concession in his first meeting with Kim. That's according to South Korea's presidential office of Cheong Wa Dae at a press briefing in Singapore on Monday.

His sister and close aide Kim Yo Jong is also in Singapore, and is believed to have travelled separately on the ageing Soviet-made Ilyushin-62 that is Kim's personal aircraft.

Totalitarian North Korea's governing ideology of "Juche", which champions self-sufficiency, has brought little but decades of economic stagnation, widespread poverty and, at times, starvation.

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