Investors are shunning US equities, and Hong Kong Stock Exchange can now claim the biggest IPO of the year. Plus, some western countries are pressuring Israel to end its new Gaza offensive, but . . . Neri Zilber Only one foreign power matters, and that’s the United States, especially under this current US president.

By Scott Murdoch and Julie Zhu HONG KONG (Reuters) -Shares of Chinese electric vehicle battery giant CATL traded as much as 18.4% above the subscription price on Tuesday after the company raised $4.6 billion in its Hong Kong listing,

A global leader in the sector, CATL produces more than a third of all electric vehicle (EV) batteries sold worldwide.