Dow Jones Introduces Its First AI-Powered Newswires Language Service in South Korea
November 21, 2024
The launch of the ‘Dow Jones Korean Language Service’ signifies a move to tap into new markets and extend its reach in non-English speaking territories.
Singapore – [November 21, 2024] – Dow Jones Newswires has advanced its goal of market expansion with the launch of its inaugural AI-driven language service in Korean.
Designed specifically for South Korea’s business and financial sectors, the ‘Dow Jones Korean Language Service’ offers timely and reliable premier financial news as it unfolds. This initiative aligns with Dow Jones Newswires’ over 125-year commitment to providing swift and precise news, insights, and data in emerging markets – qualities greatly appreciated by financial experts.
The Seoul launch signifies a significant achievement in the advancement of the company’s AI-powered product line. Utilizing a bespoke technology infrastructure, the initiative ensures efficient, scalable, and precise content translation by selecting the optimal translation model for each language pair.
The ‘Dow Jones Korean Language Service’ utilizes a methodology combining top-tier artificial intelligence with extensive journalism expertise to deliver a leading machine translation service tailored for business and financial professionals. This hybrid strategy merges the advantages of AI translations with Dow Jones’s linguistic knowledge and industry specialization, ensuring a high level of consistency and accuracy in auto-translation.
“This initiative paves the way for expanding Dow Jones Newswires’ presence and business ventures in non-English speaking regions,” stated Joe Cappitelli, general manager of Dow Jones Newswires. “The demand for reliable, real-time global news from Dow Jones in Korea has surged, particularly as trading of US and global markets has dramatically increased.”
APAC General Manager Elayne Gan added, “By offering access to our rich content in their native language, we empower South Korean traders, investors, and financial professionals with timely and accurate news, analysis, and insights from Dow Jones. We are thrilled about the possibilities this opens up in new markets for us.”
View the media announcement in Korean here.
About Dow Jones
Dow Jones is a leading global provider of news and business insights, delivering content to consumers and organizations worldwide through various formats, including print, digital, mobile, and live events. With a legacy of creating exceptional quality content for over 130 years, Dow Jones manages one of the world’s most extensive news-gathering networks globally. Its portfolio includes renowned publications and products such as the Wall Street Journal, 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 operates as a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).
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Evelina Leung (Hong Kong)
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