Dow Jones Newswires took a step towards its ambitions to expand into new markets with the launch of its first AI-enabled language service in Korean.
Built for the business and financial community in South Korea, the “Dow Jones Korean Language Service” provides market-moving and trusted top-tier financial news in real time. With this launch, Dow Jones Newswires continues its 125-year-plus mission to deliver news, analysis and data with speed and precision in new markets — traits highly valued by financial professionals.
The launch in Seoul marks a major milestone in the company’s next generation of products powered by AI technology. Built on a custom tech stack, the initiative delivers highly efficient, scalable and accurate content translation by selecting the best translation model for each language pair.
“Dow Jones Korean Language Service” employs a process that leverages the best-in-class artificial intelligence and years of journalism experience to produce an industry-leading machine translation service for business and financial professionals. The hybrid approach combines AI translations’ efficiency and efficacy with Dow Jones’s linguistic expertise and subject-matter proficiency to produce autotranslation at a high level of consistency and 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. “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, where we have seen a dramatic increase in trading of U.S. and global markets.”
Added APAC General Manager Elayne Gan, “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.”
About Dow Jones:
Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world’s largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America’s largest newspaper by paid circulation; Barron’s, MarketWatch, Mansion Global, Financial News, Investor’s Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).
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