Fed: Chinese Economy

Chinese economy: TORONTO The Toronto stock market closed slightly higher Wednesday amid another sign of a slowing Chinese economy and little in the minutes from the latest U.S. Federal Reserve meeting to indicate when the central bank might move on relaxing its economic stimulus program, according to The Chronicle Herald. The minutes echoed earlier remarks by Fed chairman Ben Bernanke, indicating that that Fed would likely slow its bond purchases later this year and end them around mid-2014 if the economy continued to strengthen and The S P/TSX composite index moved 9.84 points higher to 12,306.93. (www.immigrantscanada.com). As reported in the news.