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Thursday, March 29, 2018





Japan Offers North Korea Summit, Pyongyang Discussing Meetings With Japan - Asahi


Japan Offers North Korea Summit, Pyongyang Discussing Meetings With Japan - Asahi - Japan has sounded out the North Korean government about a bilateral summit, and Pyongyang has discussed the possibility of a leaders' meeting with Japan, Japan's Asahi newspaper said on Thursday.

The government of Kim Jong Un has informed leaders of North Korea's ruling Korean Workers Party of the possibility of a summit with Japan, the newspaper said, citing an unidentified North Korean source and briefing papers.

"The Japanese government has expressed a wish to host a leaders meeting, via the General Association of Korean Residents in Japan," or Chongryong, Pyongyang's de facto embassy in Japan, the Asahi quoted the briefing papers as saying.

A Japanese government source told Reuters in mid-March that Japan was considering seeking a summit between Prime Minister Shinzo Abe and Kim to discuss Japanese citizens abducted by North Korean agents decades ago.

The Asahi said in an article from Seoul Kim's government had explained its bilateral diplomatic plans for South Korea, the United States, China, Japan and Russia, in that order.

Kim met President Xi Jinping in China this week, his first trip abroad as North Korean leader. Summits with South Korean President Moon Jae-in and U.S. President Donald Trump are being planned for April and May, respectively.

The North Korean briefing papers cite the possibility of a Japan summit in early June, the Asahi said.

Japan's Foreign Minister Taro Kono left open the possibility that Abe might meet Kim at some point. Kono said in an interview with Reuters on Tuesday Japan was closely watching preparations for the North-South Korean summit and the Trump-Kim meeting.

The Asahi quoted another unidentified source as saying North Korea's "dialogue partner on security issues is America" but that the country "can only hope for large-scale financial assistance from Japan".

North Korea hopes to get $20 billion to $50 billion in aid from Japan if it normalises relations, the newspaper said. But it said the briefing papers offered no specifics about steps to normalise bilateral relations, as agreed in 2002.

Those steps include resolving the abductee issue, as well as Pyongyang's missile and nuclear weapons development.

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Bursa Malaysia Ekes Out Slight Gains Early Thursday

Bursa Malaysia Ekes Out Slight Gains Early Thursday - Blue chips were slightly higher early Thursday, lagging behind the recovery of the key Asian markets as investors awaited signs for the General Election 14.

At 9.22am, the KLCI was up 1.45 points or 0.08% to 1,859.32. Turnover was 192.72 million shares valued at RM77.63mil. There were 174 gainers, 130 losers and 232 counters unchanged.

Asian stocks edged up and the safe haven yen was broadly lower against the dollar on Thursday amid perceived progress on North Korea issues, although equity gains were limited after a tech-led retreat on Wall Street, Reuters reported.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.05%. Australian stocks dipped 0.1%, Japan's Nikkei rose 1% and South Korea's KOSPI added 0.1%.


Nestle  rose 80 sen to RM150.50, KESM added 20 sen to RM19, MISC 10 sen to RM7.15 in thin trade.

LC Titan added nine sen while Hai-O and Hengyuan were up eight sen to RM5.08 and RM7.64. Favelle Favco and Petron rose seven sen each to RM2.60 and RM8.79.

Sapura Energy added two sen to 52 sen with 43.6 million shares done.

MPI fell 15 sen to RM8.70, PPB Group 14 sen to RM19.02 and Ajinomoto 10 sen down to RM22.

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