The Wall Street Journal said it would launch a new global broadsheet edition to replace compact format newspapers for Europe and Asia.

The prestigious business daily owned by Rupert Murdoch's News Corp. said the new edition would launch in September along with "enhanced" applications for mobile devices.

Key financial capital cities, including London, Frankfurt, Hong Kong, Paris and Shanghai will be targeting by the newspaper.

Just a decade after the Journal trimmed the size of its international editions to save money, the large-format print edition, which would add more content, will hit the shelves.