MGM China Shares Gain as Macau Tourism Recovery Boosts Fourth-Quarter Earnings
Published: Feb. 14, 2024 at 2:33 a.m. ET By Kimberley Kao MGM China shares rose in Hong Kong trade after the Macau-focused casino operator reported better-than-expected fourth-quarter revenue. Shares of MGM China were up 10% at 12.30 Hong Kong dollars (US$1.57) in Wednesday’s afternoon trading, lifting gains this year to 24%. The… By Kimberley Kao […]
Turkey’s Current Account Deficit Improved in August Amid Tourism Boom
Published: Oct. 11, 2023 at 3:19 a.m. ET By Joshua Kirby Turkey’s current-account deficit narrowed in August as a rising influx of tourists boosted the country’s surplus in services. The current account–a measure of a country’s transactions with the rest of the world–registered a deficit of $619 million in August compared with $5.53 billion a […]