Reuters
Singapore will inaugurate Lawrence Wong on Wednesday as its new prime minister and fourth leader since independence six decades ago, completing a carefully calibrated power transfer designed to guarantee continuity in the wealthy city-state. Wong, 51, comes from among a crop of so-called "4G" leaders, a new generation of politicians hand-picked by the long-ruling People's Action Party (PAP) to take over the reins of the key Asian trade and financial centre. Wong will retain his current position as finance minister and takes charge of a country led for two decades by Lee Hsien Loong, the 72-year-old son of Lee Kuan Yew, the founder of modern Singapore who stayed in politics until his death in 2015.