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Malaysia PM sacks former deputy from party, says still mulling cabinet reshuffle

KUALA LUMPUR, June 24 (Reuters) - Malaysian Prime Minister
Najib Razak on Friday sacked his former deputy from the ruling
party, and said he needed more time to think about a possible
cabinet reshuffle.

UPDATE 1-Savage storm pummels eastern China, killing 98

* "It was like the end of the world," survivor says

(Changes dateline, adds details)

COLUMN-Brexit has limited impact on oil prices so far: Kemp

LONDON, June 24 (Reuters) - Crude oil prices have so far
shown only a modest impact from Britain's vote to leave the
European Union on Thursday.

UPDATE 1-EU carbon prices tumble on fears Britain may quit market

* EU carbon falls to lowest level since March

(Adds comment, more detail)

PetroChina to start new refinery in Oct, boost China crude imports

BEIJING, June 24 (Reuters) - PetroChina, China's
second-largest state-run refiner, aims to start operating a new
refinery in the country's southwest in October after several
delays, boosting the nation's already-surging crude imports.

BP says to keep UK headquarters despite British EU exit vote

LONDON, June 24 (Reuters) - Oil major BP said on
Friday its headquarters would remain in the United Kingdom,
despite Britain voting to leave the European Union.

UPDATE 3-Indonesia says coal on hold for Philippines after 7 sailors abducted

* Indonesia to keep moratorium on coal until Manila secures
waters

(Recasts after Filipino hostage freed)

China's offshore wind power plans lag, 2020 target under threat

* Govt official: 2020 target not mandatory, will not raise
tariffs

UPDATE 1-EDF should delay Hinkley Point decision following Brexit-union

PARIS, June 24 (Reuters) - French EDF's main labour
union said on Friday that the utility should delay the final
investment decision on its 18 billion pound ($24 billion)
project to build a nuclear plant in Hinkley Point in southern
England after Britons voted to quit the European Union.

Let’s get physical, physical — but what exactly is physical (gold)?

Following Swiss gold import/export data this week it dawned on S&P Global Platts that there has been a glut of headlines this year suggesting that physical gold demand is on its knees.

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