according to government data. china's markets have also just reopened for the first time in more than a week. they are trading higher. we also saw the country's central bank keeping a key interest rate on hold over the weekend. jameel ahmad, a chief analyst at online trading brokerage, gtc, gave me his sense of the data. pretty much what we've seen is since the chinese economy did reopen following what was pretty much close to three years of lockdowns, we have seen underwhelming data. this data regarding the increased tourism spendi, yes, it looks like it is hitting the right path as we enter into 2024, but it is just one set of data so far and we need to see more to start getting more optimism about the chinese economy getting back onto the road once again. when it comes to the central bank decision — not so much of a surprise. everybody in the central bank

world and the investor community is really waiting for the fed, which is of course the us central bank, to really put its cards on the table when it is going to cut interest rates in 202a. we've already seen that that's moved from march to may, and now expectations are starting to edge towardsjune. why is it important for emerging markets, including china? one, chinese yuan areas of depreciation, we could have some capital out flows. at the same point, investing in capital outflows is so important that's when the emerging markets like china are really going to sit on their hands up untill we have got some real clarity on when the fed is going to change policy. but my lifelong obsession of the nikkei 225 flirting with its all—time high. what is happening there? the economy fell into recession according to the latest data. is this alljust about the weak currency? pretty much. we've known for a long time that when it comes to economic furtunes that correlation when it comes to stock markets and the indices, in this case, the japanese nikkei, that correlation really is not so strong or significant right now, as what traditional economics will stand for. i think what we're seeing is, one, the nikkei is catching up to the global equity market

rally that started all the way into november, which is the best month for three years for global stocks. of course, the s&p 500 and the dowjones earlier in 2024 had hit record highs. but we've always known and that is one form of traditional economic that we do still see, is the correlation if the japanese yen is weak, and has weakened all the way from 130 to 150, the dollar yuan, the us djy, in 2024, that's a boost for the japanese stock market because of its exports and the impacts on companies. that has really propelled the nikkei up towards its higher level in pretty much 3a years. we still need to see where the bank ofjapan sits as well, and that would also have implications on the stock market. what are you expecting from the fed? because there's a lot of speculation on when the rate cut might come? at this stage, with the fed, we're seeing the minutes expected wednesday this week. pretty much investors are going to be stuck in the mud because

we already know that the fed will be looking at more recent data than the most recent policy meeting. i do think that investors very much are looking towardsjune at the earliest for a us interest rate cut. that is a big push back from where we were just six weeks ago, when we thought that it would be march. we've already shifted back to may. i do think that the economic data is very strong, if you look at the ppi and the inflation and so forth, we're looking atjune as the earliest, of course, subject to change depending on the data. china has lifted a ban on imports of chinese b. this was after the emergence of mad cow disease. —— chinese b. foreign ministers and trade ministers says lifting the embargo was good news. they had joined other eu farmers in protest. mean while, thousands of indian farmers demanding higher prices for their crops have paused a march to india's capital of new delhi while their unions hold talks with government ministers.

they are pressing the government to set a minimum price following similar protests in 2021. they were about 200 kilometres away from the capital when they clashed with security forces last week. let's turn now to the aviation industry. because singapore has just announced that it will require all flights departing the country to use sustainable aviation fuel from 2026. this is part of a global effort to achieve net zero emissions by 2050, but it is a race against time to produce enough sustainable fuel to meet growing demands. ahead of the singapore air show, my colleague, monica miller, takes a look at how it is made, from the fryer to the refinery. this cooking oil may seem like it has already served its purpose, but for the aviation industry, it is liquid gold, as it looks for ways to cut its carbon footprint. the fleet in malaysia is constantly growing — we're at about 100 vehicles at the moment. every month we constantly

deloy more vehicles. fathopes energy collects recycle cooking oil from fastfood chains like mcdonalds and kfc, as well as food production plants in kuala lumpur and singapore. the company gathers between 5—11 tonnes of used oil per month. the energy portfolio of the future is going to be extremely diversified and extremely indigenous. by some estimates, airplane engines account for 3.5% of global warming. but by 2050, this sector has set its sights on being net zero, or as the british government calls it, jet zero. one way to get there is by using sustainable aviation fuel, which is made up of vegetable oils and animal fats, rather than fossil fuels. but right now, it makes up less than 1% of the aviation fuel supply. the industry is going to need almost 500 tonnes to meet its decarbonisation goal. to get there, it's a lot of chips in the fryer.

finnish company, neste, the world's largest producer of saf, recently built a $1.8 billion refinery here in south—east asia. but here's the challenge — sustainable aviation fuel is 3—5 times more expensive than traditionaljet fuel. it's not easy for airlines to just switch to more costly sustainable aviation fuel, if their competitors are not required to do the same. and that's why regulatory actions to set minimum requirements for sustainable aviation fuel use in the airports is critical in creating that demand. industry experts also warn this alternative fuel isn't a silver bullet. until we have alternative modes of propulsion, such as hydrogen, for instance, we are stuck with having to have a fuel. and here, the beauty is with sustainable aviation fuels is that they are made entirely from renewable inputs.

so we completely replace the source of the fuel when we use saf, but we cannot totally eliminate the emissions because it's still a combustion engine. the aviation industry was built on finding ways to defy gravity, but without concrete mandates to boost investment from governments, a jet zero operation could face substantial headwinds. monica miller, bbc news. if you want to know more about sustainable aviation fuel, do check out the bbc�*s podcast, the climate question. over the weekend, china's comac airliner, the narrow body c—1909, made its first trip outside chinese territory, staging a flyby at the singapore air show. the plane is only certified within china at the moment and it made its debut flying domestically for china eastern last year.

it is planning to expand the production capacity. australia's flagship carrier, qantas, is also due to report its latest financial results later this week. ellis taylor, at flight data service company, cirium, told me what lies ahead for the aviation industry in leading manufacturers like boeing and airbus. both airbus and boeing and their suppliers are really backed up from the covid pandemic. they haven't been able to get out as many aircraft as they wanted. and we have to understand that a few years ago, everybody thought that this was going to be a slow recovery for the aviation industry. and instead, it's been a fast one and it's been sustained and it's now growing above where it was prior to the pandemic. so that's really going to put a lot of pressure on airbulls and boeing to get jets out the door. and it puts a lot of pressure on airlines as well to try to source older aircraft where they can in the market and that's getting few and far between. in terms of alternatives, there aren't that many.

but we've been hearing a lot more about china's comac. what is your take on that? do you think that some of the carriers might go to the chinese plane maker? i think it will be a while and they'll want to see the c—919 and boeing types. there are two or three of them in service just in china. then don't have any overseas there. given the c—919 will be at the singapore air show, that they're trying to get it out there that this is a jet that will one day fly in different parts of the world outside of china. in breaking news from tylan, it has just announced its economic growth for the final three months of last year came in at 1.9% and that is slightly lower than what analysts had expected. we recently cut its growth forecast adding pressure on the country's central bank to cut interest rates. and looking at japan's

to cut interest rates. and looking atjapan�*s nikkei. i was talking about it floating with its all—time high but comely down by 0.5%. that is it for the programme. thank you so much for watching. voice—over: bbc news bringing you different stories from across the uk. theirjobs are to work with young people to bring new opportunities through football and sport but today it looks a bit different. refreshing that cpi skills is a core part but using these could save the lives of somebody who has been stabbed and that is new. itruiith stabbed and that is new. with everything — stabbed and that is new. with everything that _ stabbed and that is new. with everything that is _ stabbed and that is new. ti everything that is happening stabbed and that is new. ii�*u everything that is happening in the city of bristol, with the increase in knife crime, we felt it important that staff trained. ., ., ., ., ., trained. the rate of damage a knife can _ trained. the rate of damage a knife can cause, _ trained. the rate of damage a knife can cause, either - trained. the rate of damage a knife can cause, either you i knife can cause, either you just—

knife can cause, either you just see _ knife can cause, either you just see it_ knife can cause, either you just see itjust keen but internally, you just don't know _ internally, you just don't know. it is quite scary. i know. it is quite scary. think it is know. it is quite scary. i think it is a progression in the — think it is a progression in the follow—on— think it is a progression in the follow—on from - think it is a progression in the follow—on from the i think it is a progression in- the follow—on from the normal training — the follow—on from the normal training they _ the follow—on from the normal training they have _ the follow—on from the normal training they have an - training they have an unfortunately, - training they have an i unfortunately, working training they have an - unfortunately, working with students, _ unfortunately, working with students, some _ unfortunately, working with students, some of- unfortunately, working with students, some of them - unfortunately, working with . students, some of them need unfortunately, working with - students, some of them need to be aware — students, some of them need to be aware of— students, some of them need to be aware of it _ students, some of them need to be aware of it.— be aware of it. these kids are becoming _ be aware of it. these kids are becoming more _ be aware of it. these kids are becoming more familiar- be aware of it. these kids are becoming more familiar sites| becoming more familiar sites and contain everything you need to provide immediate emergency first aid to someone who is losing blood. you do need to know how to use them but applying pressure to prevent any further blood loss can really help save a life. v0|ce—0ver: for more stories from across the uk, head to the bbc news website.

russia is at home with stone but at his newcastle studio, an idea he had a decade ago is now starting to take shape. this idea he had a decade ago is now starting to take shape.— starting to take shape. this is m new starting to take shape. this is my new big — starting to take shape. this is my new big project _ starting to take shape. this is my new big project and - starting to take shape. this is my new big project and it - starting to take shape. this is my new big project and it is l my new big project and it is called drone. this is drawings drawn over the next five years... by you? by me and each one is individual. this set is,000 four chinese new year and the idea is that a million

people can own one artwork. how lona is it people can own one artwork. how long is it going — people can own one artwork. how long is it going to _ people can own one artwork. how long is it going to take you? five years you say? yes, five years. about 4000 a week. blimey, why are you doing it? it is a sort of antidote to the art world, so this one, you could have a million owners of this artwork. and it would only ever exist once it is made. for more stories _ ever exist once it is made. for more stories from _ ever exist once it is made. for more stories from across the uk, head to the bbc news website. hello and welcome to sportsday, i'm hugh ferris. here's what's coming up on the programme: a margin of defeat to question the method — england are beaten by india

by 434 runs in rajkot. rasmus' run continues — the danish striker scores again, as manchester united win in the premier league. and jannik sinner stretches his unbeaten start to the year to 15. he's the rotterdam 0pen champion. hello there and welcome along to sportsday. it's fair to say england's approach to test cricket has been nothing short of entertaining. high octane at the best of times. but, in rajkot, their swashbuckling attitude backfired, beaten heavily by india in the 3rd test losing by 434 runs to go 2—1 down in the five match series. day four started with yashasvi jaiswal matching the record for 12 sixes in a test innings.

he ended unbeaten on 214 as india declared on 430—4. that set england a total of 557, which they never even got close to. bowled out for 122 to lose by a margin that for england is their largest in terms of runs since 1934 and india's biggest win that way in history. biggest win that way in their history. it's a very good feeling to win a game like that, and especially with such a young team. you know, two debutantes and not a lot of test matches amongst the playing 11 as well. so a lot of credit to these young boys who have come in and shown a lot of character. it looks like they actually belong here and they want to stay here as well. india's huge win has given rise to more questions about england's approach to test cricket. but not from within the camp itself. captain ben stokes is remaining optimistic, insisting the team

knows what they have to do to get back in the series