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Recent Developments and News in Asia

Jenni Reid - Eurostar cancels quarter of train services ahead of Olympics after arson attacks on French railway - cnbc.com - France - Germany - Netherlands - Belgium - city Paris

Eurostar cancels quarter of train services ahead of Olympics after arson attacks on French railway

International rail operator Eurostar said it would cancel a quarter of its services on Friday and over the weekend, after France's high-speed rail network faced coordinated acts of vandalism just ahead of the opening of the Olympic Games in Paris.

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Contributing writer - Movie animates Murakami's portraits of empty lives - asia.nikkei.com - Usa - city Tokyo

Movie animates Murakami's portraits of empty lives

TOKYO -- American writer Nathaniel Rich once claimed that Haruki Murakami, lauded internationally and regularly short-listed for the Nobel Prize in literature, actually writes "genre fiction," the commercial label for stories that repeat formulas, conventions, plots and sometimes whole casts of characters to satisfy reader expectations (think "Game of Thrones" or "Harry Potter"). Genre works are distinguished from the less predictable and less marketable aims of literary fiction -- and have a much better shot at the bestseller list.

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Wang Yi - Yoko Kamikawa - China says relations with Japan at 'critical stage' - cnbc.com - Japan - China - Laos - city Tokyo - city Beijing

China says relations with Japan at 'critical stage'

Relations between China and Japan are at a critical stage, Chinese Foreign Minister Wang Yi told his Japanese counterpart on Friday as the pair discussed thorny issues including Japanese nationals detained in China, food import bans and semiconductor curbs.

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KENJI KAWASE - Nikkei Asia chief business news correspondent - CATL state subsidies jump by 35% amid EU squeeze on China EVs - asia.nikkei.com - China - Hong Kong - Eu

CATL state subsidies jump by 35% amid EU squeeze on China EVs

HONG KONG -- China's leading battery manufacturer CATL received 35% more in state subsidies during the first half of the year even as the Chinese electric vehicle industry's export drive faces severe scrutiny over such financial assistance from the government.

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ANNA NISHINO - Nikkei staff writer - WTO members reach digital trade deal to ban tariffs on data - asia.nikkei.com - Japan - Singapore - Australia - city Tokyo - city Singapore

WTO members reach digital trade deal to ban tariffs on data

TOKYO -- World Trade Organization members negotiating rules on e-commerce agreed Friday to permanently ban tariffs on cross-border data transmissions.

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Eli Lilly - Alzheimer's drug from Eisai and Biogen rejected in Europe - asia.nikkei.com - Japan - China - Hong Kong - Israel - South Korea - Eu

Alzheimer's drug from Eisai and Biogen rejected in Europe

(Reuters) -- The European Union's drugs regulator has rejected Eisai and Biogen's Leqembi treatment for early Alzheimer's disease, saying the risk of serious brain swelling did not outweigh its small impact on slowing cognitive decline.

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Janet Yellen - Nikkei staff writer - Yellen indicates Japan's yen intervention isn't problematic manipulation - asia.nikkei.com - Japan - Brazil

Yellen indicates Japan's yen intervention isn't problematic manipulation

RIO DE JANEIRO -- Japan's efforts to shore up the yen are different from the deliberate currency weakening that has long been a U.S. concern, U.S. Treasury Secretary Janet Yellen suggested to Nikkei in an exclusive interview.

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Nikkei staff writer - Nissan falls behind Renault in market cap a year after equal alliance - asia.nikkei.com - Japan - France - city Tokyo

Nissan falls behind Renault in market cap a year after equal alliance

TOKYO -- A year after Nissan Motor and Renault Group agreed to rebalance their alliance to a team of equals, the Japanese automaker has slipped behind its French partner in market capitalization amid struggles to adapt to shifting market environments.

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