Tokyo Stocks Close Mixed After Trump Cans N.Korea Summit

Tokyo stocks closed flat on Friday, shored up by bargain hunting after pessimism from Washington’s cancellation of a planned summit with North Korea.

The benchmark Nikkei 225 index inched up 0.06 percent or 13.78 points to close at 22,450.79, while the broader Topix index slipped 0.22 percent or 3.95 points to 1,771.70.

Source : AFP

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Honduras : We Will Keep Fighting Gangs Despite Trump Threat

Honduras will keep fighting the scourge of gangs whether or not the United States decides to cut off aid, the security minister said Thursday, a day after U.S. President Donald Trump threatened aid cuts.

Trump announced Wednesday that he is working on a plan to reduce U.S. aid to countries he accuses of doing nothing to stop MS-13 gang members from crossing into the United States illegally. Trump did not provide details on the plan but said it would “radically” change the way U.S. foreign aid is structured.

El Salvador said on Thursday that Central America suffered most as those deportations ramped up in the mid-1990s, giving way to gang-fueled extortion, drug trafficking, killings and the recruitment of children.

“We express our firm and total disagreement towards those who characterize all of our migrants as criminals,” Salvadoran President Salvador Sanchez Ceren said in a statement. “The great majority of Salvadorans on U.S. soil are workers and industrious.”

Source : Voanews

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European Markets Open Higher After Trump Scraps US-North Korea Summit

European stocks opened higher on Friday morning, as market participants’ fears were calmed by North Korea’s response to President Donald Trump’s decision to cancel a landmark summit.

The pan-European Stoxx 600 was up around 0.35 percent at 392.02 shortly after the opening bell, with almost all sectors and major bourses in positive territory.

North Korea’s vice foreign minister said the country was still hopeful of a “Trump formula” in order to resolve a standoff over its nuclear weapons program. The isolated regime also said it would remain open to resolving issues with the U.S after Trump canceled an upcoming meeting with North Korean leader Kim Jong Un.

Source : CNBC

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