Hsien Loong to step down as S'pore PM on May 15

Singapore has set May 15 as the country’s leadership transition date, as Prime Minister Lee Hsien Loong will relinquish his office to pave the way for Lawrence Wong to succeed him.

The Prime Minister’s Office (PMO) in a statement today said Lee, 72, will formally advise President Tharman Shanmugaratnam to appoint Wong, the current deputy prime minister and finance minister, as his successor...