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Asian stocks tumble on Bear Stearns

  • Story Highlights
  • NEW: Japan's benchmark 225 index sinks 3.7 percent, HK's down 3.8 percent
  • Dollar falls to lowest level in 12-1/2 years against yen, to record low against euro
  • JP Morgan said Sunday it would acquire Bear Stearns for $236.2 million
  • Buyout fans worries that other big U.S. banks are facing serious troubles
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