Thousands of workers went on strike at a Taiwanese-owned shoe factory in southern Vietnam, demanding better pay and benefits, state-run newspapers reported.
Chinese manufacturing picked up in March, government and HSBC surveys showed, with the bank saying it could indicate an accelerating economy and raise chances of an interest rate hike.
Russian billionaire Viktor Vekselberg's debt-laden Oerlikon has clinched a deal to restructure its balance sheet, solving a financial migraine that pushed the company to the edge of bankruptcy.
Yue Yuen Industrial said it had entered into agreement with Citibank NA for an unsecured loan of up to $300 million, raising capital to repay part of existing bank debt.
Strong performance in the tourism and textile sectors will bolster the Mauritian economy to 4.7-5.0 percent growth in 2010, up from 3 percent the previous year, a top official said.
South Korean manufacturers are optimistic about their second quarter business outlook, with textile manufacturers expecting both domestic sales and exports to improve in the April-June quarter.
Talbots Inc again extended its exchange offer by 24 hours as the women's apparel retailer sought to complete a merger that would allow it to significantly reduce debt.
Apparel maker Oxford Industries Inc posted a better-than-expected quarterly profit, helped by improved gross margins at its Lanier segment, but the company forecast weak 2010 revenue.
American Apparel Inc, which has long campaigned for foreign workers' rights, said the forced layoffs of about 1,500 workers in 2009's second half had hurt its manufacturing capabilities, sending its shares down 14 percent.
The Karachi Cotton Association fixed the official spot rate, or base price, for Grade 3 cotton at 5,841 rupees per maund (40 kg).
India's cotton prices may remain firm this week on good exports and domestic demand, analysts and traders said.
Diversified Century Textiles and Industries Ltd is planning to raise prices of cotton yarn to offset high input costs, a senior official said.
The Obama administration promised to work for greater U.S. market access for Pakistani goods and said it would push Congress to take up stalled legislation that would offer some trade advantages.
Kiran Rai never thought a sarcastic sense of humor would be the foundation for her own apparel business. The single mother designed a t-shirt with the slogan "Adopt me, Angelina", poking fun at actress Angelina Jolie.
French luxury group Hermes posted a 3.1 percent rise in operating profit for 2009 in spite of the industry's worst downturn in two decades.
