LOS ANGELES (AFP) - Manny Pacquiao has refused to rule out a rematch with WBA champion Yordenis Ugas following his upset defeat to the Cuban last weekend, which nudged the Filipino boxing star ever closer to retirement.

Pacquiao, 42, told The Athletic website that he may consider fighting Ugas again in January following his unanimous decision loss to the 35-year-old in Las Vegas on Saturday (Aug 21).