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

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

Fresh evidence contemporary art price rise is structural says FT


            Source: Financial Times MARKET NEW BUYERS MORE BUYERS The huge wealth from oil and mining in the Middle East and Russia is flowing into fine art, with a rush of new buyers entering a market that … Continue reading