Monthly Swiss watch exports posted a surprise gain in April as a revival in demand for premium and luxury timepieces in the US and Japan offset continued weakness from China.
Shipments rose 4.5 percent by value to 2.1 billion Swiss francs ($2.3 billion) in April from a year earlier, the Federation of the Swiss Watch Industry said Thursday. The increase follows a sharp drop the month before. They were helped by an 11.6 percent jump in exports…