Hong Kong has held onto its crown as the exclusive regional home of Art Basel for the next five years, the culture minister has announced, after a deal was struck to secure the partnership as the city looks to enhance its status as an international art-trading hub. Some galleries at a preview for the local…
The art market downturn continued to play out at Christie’s, Phillips and Sotheby’s regional headquarters in Hong Kong this past weekend, with the turnover from back-to-back art auctions loitering at an eight-year low. But a handful of records and some last-minute withdrawals – which improved the success ratio of the sales – helped inject long-missing…
Richard Serra once said in an interview with Charlie Rose, “Art is purposely useless”. What the artist known for his colossal sculptures meant was that, unlike architecture, art can escape from all constraints and restrictions and be free. Well, Serra would eat his words if he had a chance to see what museum visitors are…