Markets Eye the North Korea Summit

President Trump announced on Friday that he will meet with North Korean leader Kim Jong-un next month, as initially planned, in Singapore. "I think it's going to be very successful," Trump said after meeting with a top envoy who visited the White House on Friday to personally deliver a letter from Kim. This news comes days after the president canceled the summit in response to heated rhetoric from North Korea. Cheddar's J.D. Durkin and Alyssa Julya Smith discuss the details.

North Korean General Kim Yong-chol, often referred to as Kim Jong-un's right-hand man, will meet with Secretary of State Mike Pompeo in New York later this week. This shows "a sense of willingness" on both ides to make the historic U.S.-North Korea summit happen, it's just a question of when, says Martyn Williams, a journalist at IDG News Service.

Kim Yong Chol, who will become the highest ranking North Korean official to step foot in the U.S. in over a decade, is heading to New York to try to salvage the planned summit between President Trump and Kim Jong-un. Last week, Trump cancelled the meeting after an uptick in tensions with North Korea. Kim responded with a conciliatory statement, which prompted Trump to put the possibility of a meeting back on the table.