Despite his sensitivity to accusations of nepotism, Lee Kuan Yew may have secured his legacy by training his son for 14 years to follow in his footsteps, writes Bill Emmott

GERMAN leader Angela Merkel and businesswomen dominate Forbes magazine’s new list of powerful women, while First Lady Michelle Obama and Secretary of State Hillary Clinton didn’t break the top 30.

GERMAN chancellor Angela Merkel tops Forbes magazine’s list of the world’s 100 most powerful women for the second year in a row, as US Secretary of State Condoleezza Rice slipped to fourth from second last year.

The Singapore-based group behind the latest approach for UK firm P&O was today said to be in talks with potential buyers ready to participate in the break up of the ports and ferries giant.

Singapore’s prime minister said he will hand over his duties this year to the son of Singapore’s founding father Lee Kuan Yew – but he will not give a date for the event, news reports said today.