Reuters: Asian stocks and dollar sink on Bear rescue and Fed cut

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Asian stocks and dollar sink on Bear rescue and Fed cut
      

HONG KONG (Reuters) - Asian stocks sank on Monday to their lowest level since August 2007 and the dollar tumbled, as the fire sale of ailing U.S. bank Bear Stearns and the Federal Reserve's emergency cut in its discount rate intensified concerns that there could be more victims of the global credit crisis.
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