SINGAPORE – November 21, 2024 – In a groundbreaking move, Dow Jones Newswires has launched its first-ever Korean Language Service, powered by state-of-the-art artificial intelligence (AI). Designed to meet the needs of South Korea’s growing financial and business community, this new service delivers real-time, trusted, and market-moving financial news in Korean.
This marks a pivotal milestone for Dow Jones Newswires as it expands its reach into untapped, non-English-speaking regions, reaffirming its 125-year commitment to delivering timely, precise, and high-quality journalism.
A Hybrid Approach Blending AI and Journalistic Expertise
The Dow Jones Korean Language Service represents the next generation of AI-powered content delivery. Built on a proprietary tech stack, the service integrates advanced translation models tailored to the unique linguistic complexities of Korean, producing high-quality translations with unmatched accuracy.
“This opens up new opportunities to broaden Dow Jones Newswires’ footprint and business opportunities in non-English speaking regions,” said Joe Cappitelli, General Manager of Dow Jones Newswires.
Through its hybrid approach, the service leverages AI’s speed and scalability while incorporating Dow Jones’s decades of linguistic expertise and subject-matter knowledge, ensuring the consistency and reliability demanded by financial professionals.
Meeting the Demands of South Korea’s Financial Ecosystem
South Korea’s dynamic financial market has seen a sharp rise in global market trading, sparking demand for real-time, reliable financial information in the local language.
“This Korean-language initiative was driven by the increasing demand from companies and investors for trusted, real-time, global news from Dow Jones Newswires in Korea,” Cappitelli explained.
Elayne Gan, APAC General Manager at Dow Jones, emphasized the significance of this launch, saying, “By connecting more users to the wealth of world-class content, we will enable South Korean traders, investors, and financial professionals to access timely and accurate news, analysis, and insights from Dow Jones in their native language. We are very excited about the opportunity it represents in opening new markets for us.”
Also Read: Discover Singapore’s Vibrancy with OPPO Singapore’s #Find24HourMiracle Photo Contest
About Dow Jones
For over 130 years, Dow Jones has been a global leader in delivering unrivaled business news and information across print, digital, mobile, and live events. Its flagship publications include the Wall Street Journal, Barron’s, and MarketWatch, alongside products such as Factiva, Dow Jones Risk & Compliance, and more. As part of News Corp, Dow Jones continues to pioneer content delivery and quality journalism worldwide.
