• 22 Oct 2009

Financial News that Knows Your Market

Reuters Domestic News Services deliver comprehensive and insightful financial news that is catered to your local market

Reuters, the world’s largest international news agency, is a leading provider of domestic news on the economy, financial markets and political issues of specific countries and regions. With 25 services in 19 languages, our domestic news services are catered to the needs of the local financial and business communities with stories delivered in local language in most cases. The services also address the needs of foreign professionals who have an economic interest in the country or region.

Our reporters have the expertise, the connections and the background to bring you up-to-the-minute local news on market-moving events that are often not available elsewhere. With exclusive interviews and stories as well as highly regarded economic polls, we provide unmatched local insight into the companies, industries and markets you follow. Some examples from 2009: 

  • In January, Reuters German News Service broke a story that the chipmaker Qimonda, a unit of Infineon, was poised to file for insolvency, nine minutes before the Munich court confirmed the step. The news sent shares in Qimonda down 66.5 percent and knocked Infineon, a member of German blue chip index DAX, nearly 12 percent lower. 
  • In May, Reuters Gulf Financial News beat all competition to news of an $8 billion scheme to pump gas from Iraq`s Kurdistan to the Nabucco pipeline, a supply route key to Europe`s push for energy security. The correspondent tapped sources in the UAE and gained exclusive interviews with the European and UAE companies ahead of their filings to regulatory agencies. The shares of Dana Gas, an affiliate of UAE’s Crescent Petroleum, rallied 8 percent the day after the interview and 6 percent the following.
  • In June, Reuters Indian National News Service published an interview with the ABG Shipyard’s chief financial officer in which he said that he did not expect the company to get any more orders in 2009 due to a slowdown in demand. The story caused ABG Shipyard shares to fall 10 percent.
  • In June, Reuters Brazilian News conducted an exclusive interview with the CEO of Brazil`s government-controlled power utility Eletrobras. In the interview, the CEO told Reuters that this year the company may pay up to 10 billion reais in overdue dividends dating back to 1979. Once the interview was published, Eletrobras’ voting shares -- whose holders would receive those dividends -- erased losses and shot up more than 6 percent.

We bring you context, background and analysis in all areas, enabling you to stay informed and make sense of the fast-changing world of business and finance, and those factors that impact it. Each domestic news service focuses on the local economy, financial markets and political issues as well as provides global context by adding pertinent stories from the international Reuters News network.

Reuters Domestic News Services are available on most Thomson Reuters products. Getting access is quick and easy. Please contact your local account manager to get connected now or learn more.