OLD Media Moves

Bloomberg launches Korean-language news service

August 29, 2013

Posted by Chris Roush

Bloomberg News announced Thursday that it has launched a Korean-language news service.

The local-language content is the latest in the company’s products and services tailored for Bloomberg subscribers in the Korean market. The expanded domestic coverage will come from a new team of dedicated reporters and editors, based in Seoul. Bloomberg will also provide in-brief Korean translations of top-news stories from its global network of journalists, who produce over 5,000 stories a day from 146 bureaus in 72 countries worldwide.

“South Korea has a compelling economic growth story and is an extremely important market for Bloomberg,” said Matthew Winkler, editor-in-chief of Bloomberg News, in a statement. “We have been in Korea since 1996, opened a state-of-the-art Seoul office last year, and provide news coverage for an increasingly sophisticated group of corporate and financial professionals in Korea.”

Chris Collins, executive editor at Bloomberg News for the Asia-Pacific region, said in a statement,  “Corporations and institutional investors will find our new Korean-language news service invaluable, whether they’re making a split-second investment decision or looking for more perspective on the Korean marketplace.”

“Bloomberg celebrated the Korean news service launch with a toast by Hyun Oh-seok, South Korea’s finance minister and deputy prime minister of economic affairs. This follows the celebration last year when it opened the new office at the Mirae Asset Center One, in the heart of the capital.

Read more here.

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