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Trump tweets about stock market ahead of Kim meet
by Staff Writers
Washington (AFP) June 11, 2018

Just hours ahead of his historic summit with North Korean leader Kim Jong Un, US President Donald Trump lauded his economic policy its impact on the American stock market.

"Stock Market up almost 40% since the Election, with 7 Trillion Dollars of U.S. value built throughout the economy," the president wrote in a series of pre-dawn tweets sent from Singapore.

"Lowest unemployment rate in many decades, with Black & Hispanic unemployment lowest in History, and Female unemployment lowest in 21 years. Highest confidence ever!"

Trump was due to meet Kim from 9:00 am Tuesday (0100 GMT) for a handshake and hours of meetings that were unthinkable just months ago.

"Meetings between staffs and representatives are going well and quickly....but in the end, that doesn't matter. We will all know soon whether or not a real deal, unlike those of the past, can happen!" he tweeted.

Pointing at the recent release of three American hostages and Pyongyang's pledge to refrain from further nuclear or missile tests, Trump charged that "these pundits, who have called me wrong from the beginning, have nothing else they can say!"

"We will be fine!" he tweeted.

The United States are demanding that North Korea denuclearize in exchange for security guarantees.


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China's Ant Financial raises $14bn to become biggest fintech firm
Shanghai (AFP) June 8, 2018
Chinese digital payments giant Ant Financial said Friday it had raised $14 billion in its latest financing round, making it the world's largest fintech company ahead of an expected mammoth IPO. The cash infusion for Ant, an affiliate of e-commerce heavyweight Alibaba, provides fresh resources as its payments platform Alipay battles Tencent for supremacy in the vast and growing market for global digital transactions and other financial services. Ant said in a statement that the funds will be inve ... read more

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