JM News UK

Global equity markets fell on Friday on reports about a crackdown on margin lending in China, while the dollar retreated even as U.S. consumer price data added to the view the Federal Reserve will raise interest rates this year. China's securities regulator warned investors to be cautious as Chinese shares hit seven-year highs after seven weeks of gains. China on Friday allowed fund managers to lend stocks for short-selling and expanded the number of stocks investors can short sell to increase the supply of securities in the market. Stocks in Europe and on Wall Street fell more than 1 percent on the Chinese news and on worries Greece may run out of money as debt repayments loom.