Christie’s Trims South Asian Sails, Does Well in London

Christie’s yesterday scored at its annual early summer auction in London of South Asian modern art with sales totaling £5.9 million (US$7.66 million) with more than 90 percent of 69 lots finding buyers. That has helped rebuild Christie’s regional reputation... Read More...

Modinomics Bites Christies Sale

Christie’s high-profile annual art auctions in Mumbai just managed pm Dec. 19 to overcome growing concern about the direction of the Indian economy. They yielded a respectable but unexciting sales total of US$1... Read More...

South Asian Art Prices Recover in London

Sotheby’s earlier this week dispelled some of the gloom and uncertainty emanating from a poor Christie’s US$3.8 million auction of South Asian art in New York last month when its annual London auction yielded sales totaling £4.02 milliion – US$4.90 million... Read More...

Taiwan Gets a New International-Class Museum

A majestic structure in the shape of a ballet dancer stands in a lake in what used to be sugar cane fields in southwest Taiwan. This is the southern branch of the National Palace Museum (NPM), which opened in... Read More...
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Art Becomes a Commodity

While astronomical prices for art have been around for decades, today business opportunists have commodified art as never before -- dealers who see art only as a means to make profit. In this new world, art tra... Read More...