Passionate about Pacquiao, the Prime Minister of Cambodia, is now refusing to pay up on a $5,000 bet he made.
Sales growth in the global alcoholic drinks industry remained sluggish, hit by slowing growth in China and a downturn in Russia.
Warming economic and political ties between Vladimir Putin and Kim Jong-un are in question. The Fiscal Times reports.
The RBA on Tuesday cut interest rates for the second time this year, but its upbeat statement could mean no more moves in a while, analysts say.
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With falling oil prices and a regional power play underway, the task of diversifying Saudi Arabia's economy is seen with increasing urgency.
Paul Bloxham, chief economist for Australia & NZ at HSBC, says upbeat comments from the Reserve Bank of Australia means the central bank could keep rates on hold for the rest of 2015.
Speaking to CNBC at the Asian Development Bank's annual meeting in Baku, Arun Jaitley, minister of finance of India, discusses the controversy surrounding the minimum alternative tax.