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Wednesday, 24 February 2010 - Korea Hot Stocks-LG Elec down after laundry machine problems
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    Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Korea Hot Stocks-LG Elec down after laundry machine problems Reuters - Wednesday, February 24 Send IM Story Print SEOUL, Feb 24 - Stocks on the move on Wednesday include: As of 0058 GMT, the main KOSPI <.KS11> was down 1.17 percent at 1,609.79 points. The index opened down 0.76 percent at 1,616.55 points. **LG ELECTRONICS FALL AFTER LAUNDRY MACHINE PROBLEMS** Shares in LG Electronics <066570.KS> fell on Wednesday after the company on Tuesday said it will offer free repair services to fix door problems with some of its laundry machine models. "[The repair] issue by itself does not have huge financial implications, but it came at a time when shares had risen a bit, prompting some selling," said Chun Seong-hoon, an analyst at Eugene Investment & Securities. "Also, it seems that its U.S. supply of new Android smartphones is getting delayed, which further darkens its smartphone business outlook," Chun added. Shares in LG Electronics were down 3.07 percent to 110,500 won . 0058 GMT Recommend Send IM Story Print Related Articles US-BUSINESS Summary Reuters - 53 minutes ago Asia shares fall on U.S. jitters, Bernanke eyed Reuters - 53 minutes ago GLOBAL MARKETS-Asia shares fall on U.S. jitters, Bernanke eyed Reuters - 54 minutes ago Toyota chief faces grilling by U.S. congress Reuters - 55 minutes ago WRAPUP 2-Toyota chief faces grilling by U.S. congress Reuters - 56 minutes ago News Search Top Stories US Navy lifts ban on women in submarines: officials US consumer confidence plunges 10.5 points French strike heightens Europe air travel woes Harsh winter freezes German business confidence Cricketer Lee 'to quit Tests' after Flintoff chat More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Scientists shed light on sleep through the ages US stun Canada to rewrite history books US Navy lifts ban on women in submarines: officials China, India adding to e-waste timebomb: UN US consumer confidence plunges 10.5 points More Most Viewed » Third-hand smoke also bad for you: study DNA reveals some mystery on King Tut, raises questions Pitt, Jolie sue British paper over split claims Sugary soft drinks linked to pancreatic cancer: study Scientists recreate Big Bang heat of 4 tln degrees C More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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