NEW YORK, April 16, 2008 (PRIME NEWSWIRE) -- The Wall Street Journal today announced the launch of a new column titled "Letter From The City," which will appear Monday through Friday in the international finance pages of the Money & Investing section. This column coincides with the U.S. edition being published in London, which will be available to individual and corporate subscribers and at newsstands across central London.
"Letter From The City" will go behind the scenes of London's financial center, the district known as the City. The column is written by staff reporters at the London bureaus of The Wall Street Journal, Dow Jones Newswires and sister publication Financial News. Together, they have more than 70 reporters covering finance, the markets, banks and investors in the City.
The column will report on trends, executive changes, and significant deals, as well as offer insight into the City.
"The Journal has always provided expert insight and analysis into the world's financial markets," said Marcus W. Brauchli, managing editor of The Wall Street Journal. "With the steady rise of London as a global financial capital for many countries, companies and banks outside of the U.S., we saw a need to serve our readers in a new way. The addition of 'Letter From The City' and the U.S. Journal being published in London continues to uphold the Journal's commitment and dedication to covering international business."
The goal of the column is to provide a wide range of readers insight into the mood of the City and the larger business and financial sectors in Britain. In some cases, items will be based on corporate or markets news and trends that have been reported and written earlier in the day, reworked to include more context, color and interpretation for readers who might be unfamiliar with the people or companies discussed. In other cases, items will feature interesting or amusing things a reporter stumbles across, but that don't really fit into a traditional story.
Subscribers can read "Letter From The City" Monday through Friday in the print edition of The Wall Street Journal or online at www.wsj.com.
About The Wall Street Journal
The Wall Street Journal, the flagship publication of Dow Jones & Company is the world's leading business publication. Founded in 1889, The Wall Street Journal has a print and online circulation of more than 2 million, reaching the nation's top business and political leaders, as well as investors across the country. Holding 33 Pulitzer Prizes for outstanding journalism, The Wall Street Journal provides readers with trusted information and knowledge to make better decisions. The Wall Street Journal print franchise has more than 750 journalists world-wide, part of the Dow Jones network of nearly 1,900 business and financial news staff. Other publications that are part of The Wall Street Journal franchise, with a global audience of 3.8 million, include The Wall Street Journal Asia and The Wall Street Journal Europe. The Wall Street Journal Online at WSJ.com is the largest paid subscription news site on the Web with 10.9 million users each month. In 2007, the Journal was ranked No. 1 in BtoB's Media Power 50 for the eighth consecutive year. The Wall Street Journal Radio Network services news and information to more than 280 radio stations in the U.S.
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