11-08-07

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Stocks across Asia plunged in trading Thursday as sharp falls on Wall Street, worries about high oil prices, and concerns about the U.S. economy shook investors.

Tokyo's Nikkei index slipped two percent, while share prices in Taipei, Sydney and Seoul also closed sharply lower.

Crude oil prices have eased back from new highs, but still flirted near the 100-dollar mark Wednesday, adding concern to the U. S. economy -- which has been beset this year by plunging home prices and the declining dollar.

¬ì¾Ç®aºÙ¸V¬y·P¤´¦b¨È«D½¯©µ (Scientists Say Bird Flu Still Spreading in Asia and Africa)

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Scientists meeting in Bangkok say bird flu continues to spread in several Asian and African countries. The United Nations senior coordinator for avian and human influenza told reporters Wednesday that progress has been made but problems still remain. 

David Nabarro said problem countries in Asia include Bangladesh, Indonesia and Vietnam. In Africa, he said Egypt and Nigeria give cause for concern. Nabarro said Thailand has had greater success in controlling the H5N1 virus.

The H5N1 strain of avian influenza mainly affects birds and has struck primarily in Asia, but it has also appeared in Europe and Africa. Since its appearance in Hong Kong in 1997, the H5N1 virus has killed at least 211 people in eleven countries.