Indian art market confidence falls in latest ArtTactic survey – Indian Art News


INDIAN ART MARKET CONFIDENCE The financial markets around the world are gradually recovering from a cardiac arrest, the banking system is being rebooted with help of government intervention and nationalisation. Most Western economies are heading for a recession. Emerging markets … Continue reading

Pop goes bubble for Chinese Indian artists – Businessweek


SOTHEBYS HONG KONG AUTUMN AUCTIONS While much of Hong Kong hunkered down just hours before the arrival of a typhoon on Oct. 4, the start of Sotheby’s three-day auction of modern and contemporary Asian art was buffeted by the financial storm … Continue reading

Chinese, Indian leading artists fail to sell at Sotheby's Asian Art evening sale October 2008


      REPORT FROM THE AUCTION ROOM Big name Chinese and Indian artists and several premium lot artworks failed to sell at Sotheby’s October 2008 evening sale of contemporary and modern Asian art but the sale pointed to a new trend … Continue reading

Mei Moses art index founder talks about financial crisis and art – Artnet


FINANCIAL CRISIS IMPACT ART Michael Moses, a finance professor at New York University’s Stern School of Business, may well be the art-world’s most famous academic expert on art prices. With his colleague Jianping Mei, Moses co-developed the Mei Moses Index, … Continue reading

Financial meltdown impact on the art market – Time, Artinfo


ART MARKET RECESSION At least for now, the US has managed to avert a complete collapse of the banking system permitting the press breathing space to ponder the potential impact of the financial crisis on businesses and individuals around the world. How will the art … Continue reading

Global downturn will not affect art market says Hoffman, The Fine Art Fund – Business Standard


MARKET WATCH The art market will not be affected by the vicissitudes of the global economy Philip Hoffmann chief executive of The Fine Art Fund said to the Business Standard at the August 2008 Indian Art Summit. “The trading in … Continue reading