Cash-Strapped Hong Kong Arts Hub Saved—Plus a Rundown of the Latest in Asia’s Art World
Hong Kong's financially struggling West Kowloon Cultural District, a major arts hub, has been rescued from its cash crisis. This development was part of a broader Asia art world update that also included leadership changes at Japan's Art Collaboration Kyoto and the announcement of a new art fair in Shenzhen.
The Museum Ludwig in Cologne has launched a major retrospective of Yayoi Kusama's work to mark its 50th anniversary. The exhibition features over 300 pieces, including sculptures, paintings, and installations, and spans her entire career from a childhood drawing to a newly commissioned Infinity Room. It also debuts several works in a museum setting and spreads beyond the gallery walls to the museum's roof.
Yukako Yamashita will step down as director of Art Collaboration Kyoto (ACK) after leading the fair since 2022. The four-day event, which concluded at the Kyoto International Conference Center, featured 72 galleries from 19 countries and regions, with 29 Japan-based galleries hosting 30 international galleries in shared booths—its largest edition yet. Highlights included Annely Juda Fine Art's sale of three David Hockney works and Kurimanzutto selling 75 percent of its solo booth with artist WangShui. The fair also launched the Bangkok Collaborate Kyoto Fellowship, awarding WangShui and Takuro Tamayama a residency in Bangkok. ACK will return November 6–9, 2025.
Artnet News profiles seven key works by Yayoi Kusama, tracing her career from the 1960s to the present. The article highlights her iconic pieces such as *Narcissus Garden* (1966), a guerrilla installation at the Venice Biennale where she sold mirrored spheres, and *Death of a Nerve* (1976), a soft sculpture reflecting her emotional struggles after returning to Japan. It also notes her early life, including her traumatic childhood, move to New York, and friendships with artists like Georgia O'Keeffe and Joseph Cornell.
Art Collaboration Kyoto announced 72 exhibitors for its fifth edition, with 25 first-time participants. Patti Wong, former Sotheby's executive, launched New Perspectives Art Partners with Ed Dolman, Brett Gorvy, and others. Art Fair Tokyo's 20th edition saw sales of ¥2.86 billion, down 10% from last year. Lisa Horikawa and Mizuki Takahashi were appointed co-curators of Japan's pavilion at the Venice Biennale. The Sharjah Art Foundation named Angela Harutyunyan and Paula Nascimento curators of the 17th Sharjah Biennial. YDP, a new non-profit space in London, will open with a solo show by Duan Jianyu. At Sotheby's London, Yu Nishimura's painting sold for £292,100. Hong Kong collector Adrian Cheng resigned from New World Development's board.
Shanghai's West Bund Art & Design fair and Art021 opened last week with unexpectedly strong sales, despite economic headwinds and regional competition. Many galleries reported brisk first-day sales, with Thaddaeus Ropac placing five works including a Martha Jungwirth painting for €500,000, and Hauser & Worth selling two works for over $1 million. However, major blue-chip galleries like Gagosian and Pace opted out entirely, while others like Almine Rech, White Cube, and David Zwirner scaled back their participation. The fairs took place against a backdrop of China's ongoing property slump and the overlapping Art Collaboration Kyoto, which siphoned attention from international collectors.
Artnet Pro's Talentspotter feature highlights seven Asian artists pushing boundaries in contemporary art through diverse media such as 3D printing, VR, photography, and large-scale installation. The artists include Hà Ninh Pham from Vietnam, who creates speculative topographical works and virtual games, and Heecheon Kim from South Korea, who examines digital cognition and reality using GPS, AR, and VR. The article provides critical and market insights into each artist's practice, background, and recent exhibitions, originally published in the Asia Pivot newsletter.
The global art fair calendar for 2026 is taking shape with a mix of established blue-chip events and significant new international expansions. Key highlights include the debut of Pavilion in Taipei and Hong Kong, the expansion of Paris Internationale into Milan, and the highly anticipated return of the ADAA Fair to New York's Park Avenue Armory following a strategic hiatus.
Artsy spoke with 12 leading collectors about the artists, exhibitions, and trends they are most excited to follow in 2026. Highlights include the re-centering of women artists, the rise of South Asian and LGBTQ+ artists, and the impact of AI on gallery operations. Collectors point to major institutional milestones such as LACMA's new campus, the Guggenheim Abu Dhabi, the Venice Biennale, and Art Basel's expansion into Qatar, as well as specific shows like Claire Tabouret's stained-glass commission for Notre-Dame and the Frida Kahlo exhibition at the Museum of Fine Arts, Houston.
Takashi Murakami is having a landmark year, with a solo exhibition at Gagosian London, a Major League Baseball collaboration, and the reissue of his Louis Vuitton line with Marc Jacobs. His largest U.S. exhibition in two decades, "Stepping on the Tail of the Rainbow," opened at the Cleveland Museum of Art, featuring over 100 works. The show's centerpiece is an architectural collaboration inspired by the TV series "Shōgun," recreating the Yumedono (Dream Hall) from Hōryūji Temple, developed with the show's creators Rachel Kondo and Justin Marks.
The Nasher Sculpture Center in Dallas has awarded its 2027 Nasher Prize to Petrit Halilaj, a Kosovo-born sculptor known for works addressing his country's history and sociopolitical realities. At 40, Halilaj is the youngest recipient of the prize since its 2015 inception. The award, now given biannually, includes $100,000 and a future exhibition at the Nasher. In an unusual gesture, Halilaj will donate the entire prize purse to the Hajde! Foundation, a Kosovo-based nonprofit he co-founded in 2014 to support Kosovar artists.
Auguste Rodin's iconic sculpture *The Thinker* was originally conceived in 1880 as part of a larger project—a decorative doorway for a planned Musée des Arts Décoratifs at the Palais d'Orsay in Paris. Rodin later exhibited the figure independently, and after his wife Rose Beuret died in 1917, he placed a bronze cast on her grave in Meudon, where he was buried months later. The article reveals lesser-known facts about the work, including that the first cast (1884, now at the National Gallery of Victoria) originally wore a Florentine cap identifying it as the poet Dante Alighieri, and that the plaster version of *The Gates of Hell* now sits at the Musée d'Orsay, the very site where the doorway was originally intended.
This year marks the 150th anniversary of Impressionism, which began in 1874 when 31 artists including Paul Cézanne, Claude Monet, and Berthe Morisot staged a groundbreaking exhibition in Paris. To commemorate the sesquicentennial, international institutions are hosting exhibitions such as the Musée d'Orsay's "Paris 1874: Inventing Impressionism," while Artnet and Morgan Stanley have collaborated to analyze auction data from 2014 to 2023, examining the market for works by approximately 120 Impressionist and Post-Impressionist artists. Despite perceptions that Impressionism has lost its luster, the number of lots offered at auction has remained steady, averaging 6,091 annually over the decade.
A new hotel, the Ace Hotel Kyoto, has opened in the historic Umekoji neighborhood, housed within a renovated 1920s brick building that was once the Kyoto Central Telephone Office. The project, a collaboration between Ace Hotel Group and Japanese developer NTT Urban Development, blends the original structure's industrial character with contemporary design by Kengo Kuma and Commune Design, featuring guest rooms, restaurants, and a gallery space.
Untitled Art has announced the 84 exhibitors for its inaugural Houston edition, taking place September 19–21, 2025, at the George R. Brown Convention Center, with a preview day on September 18. The fair, which has run in Miami Beach for 12 years, expands to Houston citing the city's $1.3 billion arts-related spending in 2022, making it the largest art market in Texas. The exhibitor list includes 17 Texas-based galleries (about 20% of participants), leading US galleries from San Francisco, Los Angeles, Detroit, and New York, and international dealers from Canada, Spain, the UK, Peru, the Bahamas, and Latvia. A Nest section offers reduced booth prices for 20 galleries, and the fair will collaborate with Houston institutions including the Museum of Fine Arts Houston, the Contemporary Arts Museum Houston, and the Menil Collection for special projects.
Kyoto-based textile house HOSOO has announced a collaborative exhibition with American artist Theaster Gates titled “Glorious Robe,” scheduled to run from April 11 to August 30, 2026. The showcase centers on the “Dashikimono,” a hybrid garment merging the West African dashiki with the Japanese kimono, alongside ceramic vessels and traditional obi sashes. These works incorporate motifs from the American Civil Rights Movement, including tributes to Martin Luther King Jr. and Malcolm X, woven directly into the fabric using HOSOO’s centuries-old Nishijin techniques.
Art Collaboration Kyoto (ACK) opened its fifth edition at the Kyoto International Conference Center, running until 16 November. The fair, launched in 2021 to connect Japanese and international galleries, has grown to a record 72 exhibitors, half from overseas. Special exhibitions are staged at historic temples across Kyoto, including shows by Isabella Ducrot at Kousei-in, Carrie Yamaoka at Manshu-in, and Shio Kusaka with Jonas Wood at Ryosoku-in. Sales were strong on opening day, with galleries like KAYOKOYUKI, Kurimanzutto, Mendes Wood DM, and TARO NASU reporting brisk transactions.
Tokyo Gendai held its third edition from September 11-14, 2025, in Yokohama, shifting from its original July slot to an early autumn date to attract more international dealers and collectors. The fair reported mixed sales amid a slow economy, with local Japanese collectors making up the vast majority of buyers. Notable sales were reported by Pace Gallery, while other galleries like Anomaly noted a slower start but eventual sales. The fair also featured a new partnership with Art Busan, bringing Korean and Chinese galleries with subsidized booth fees.
An exhibition titled 'A Renewal of Passion: The Impact of Van Gogh' opens at the Pola Museum of Art in Hakone, Japan, running from May 31 to November 30. It explores Van Gogh's influence on Japanese art, featuring three Van Gogh paintings from the museum's own collection—acquired by founder Suzuki Tsuneshi—alongside loans from other Japanese institutions, including the Morohashi Museum of Modern Art and the Kuboso Memorial Museum of Arts. The show highlights works by Japanese artists like Kishida Ryusei, Maeta Kanji, and Nakamura Tsune, who were inspired by Van Gogh, as well as contemporary pieces such as Fiona Tan's photographic series 'Ascent' (2016).
The Kiran Nadar Museum of Art has commissioned artist Nalini Malani for a collateral exhibition at the 2026 Venice Biennale, titled 'Of Woman Born'. Art Collaboration Kyoto announced a shift from a single director to a seven-member leadership committee. Australian artist Datsun Tran won the 2026 Glover Prize for his landscape work 'The giants are falling'. New York Mayor Zohran Mamdani appointed Diya Vij as commissioner of the city's Department of Cultural Affairs.
The Turner Prize 2026 shortlist has been announced, featuring four artists: Simeon Barclay, Kira Freije, Marguerite Humeau, and Tanoa Sasraku. The exhibition will be held at MIMA (Middlesbrough Institute of Modern Art) from September 26, 2026 to March 29, 2027, with the winner revealed on December 10, 2026. The jury includes Sarah Allen, Jo Hill, Suk-Kee Lee, Alona Pardo, and Alex Farquharson as chair.
David Kordansky Gallery in Los Angeles is presenting a two-person exhibition featuring the work of Elizabeth Murray and Betty Woodman, on view from March 19 to April 25, 2026. The show brings together paintings and ceramic sculptures from 1982 to 2015, highlighting the artists' shared exploration of the space between two and three dimensions, shaped canvases, and wall-mounted forms.
The Broad museum in Los Angeles will present 'Yoko Ono: Music of the Mind,' the artist's first solo museum exhibition in Southern California, from May 23 to October 11, 2026. Organized in collaboration with Tate Modern, London, the show spans Ono's seven-decade career, featuring interactive instruction works, participatory installations like 'Wish Trees for Los Angeles,' films such as 'Cut Piece' (1964) and 'FILM NO. 4 (BOTTOMS)' (1967), and collaborative pieces with John Lennon including 'Bed Peace' (1969). Visitors will be invited to engage directly with works that turn simple acts into expressions of peace and connection.
Purat 'Chang' Osathanugrah, a longtime art collector, has taken over the leadership of Dib Bangkok, Thailand's first international contemporary art museum, following the death of his father Petch Osathanugrah in 2023. The museum, housed in a repurposed 75,000-square-foot warehouse in Bangkok's Khlong Toei district, is set to open on December 21. In an interview with Artnet News, Osathanugrah discusses the transition from private collector to institutional steward, recent acquisitions including works by Peihang Benoit and Frederic Anderson, and the museum's mission to make art accessible to the public while honoring his father's legacy.
The article highlights four art exhibitions to visit this summer across London, Kyoto, and Venice. In London, the Design Museum presents "Nigo: From Japan with Love," showcasing over 700 objects from the Japanese designer's three-decade career, including collaborations with Nike and Louis Vuitton. In Kyoto, the Kyoto City Kyocera Museum of Art hosts "YBA & Beyond: British art in the 1990s from the Tate Collection," featuring works by Damien Hirst, Tracey Emin, and other Young British Artists. At the Venice Biennale, Hong Kong artist Wallace Chan presents "Vessels of the Other World," a show of titanium sculptures inspired by sacred Catholic oils, curated by James Putman.
Takashi Murakami's solo exhibition "Stepping on the Tail of a Rainbow" has opened at the Cleveland Museum of Art, expanding on a survey that began at The Broad in Los Angeles in 2022. The centerpiece is a 32-foot-tall reinterpretation of the Yumedono (Dream Hall) from Hōryūji Temple in Nara, Japan, built with set builders from the FX series *Shōgun*. The show features around 100 paintings and sculptures dating back to 1993, including a yellow DOB t-shirt, and new works such as *Kansei Hokkyō Kōrin Flowers* (2025).
The Cleveland Museum of Art is presenting an expanded version of Takashi Murakami's exhibition 'Stepping on the Tail of a Rainbow,' originally shown at The Broad in Los Angeles in 2022. The show fills the Kelvin and Eleanor Smith Foundation Exhibition Hall and Gallery with Murakami's vibrant paintings and sculptures, including early drawings, self-portraits, and new works unseen by American audiences. A highlight is the Yumedono project, a re-creation of the Dream Hall at Hōryū Temple in Nara, Japan, created in collaboration with the team from the FX series *Shogun*. Curator Ed Schad emphasizes the exhibition's exploration of how art can address crisis, healing, and escapist fantasy after shared historical trauma, with loans that dialogue with classical Japanese artists like Ogata Kōrin, Kitaōji Rosanjin, and Itō Jakuchū.
The article reports on the First Thursday Gallery Walk in DUMBO, Brooklyn, a monthly event where galleries, artist studios, and creative spaces stay open late for exhibitions, artist talks, and performances. The author attended the latest iteration, starting with a rooftop cocktail party at the Jay 20 building, which houses nearly 200 artists and programs like the Sharpe-Walentas Studio Program. The walk highlighted over 20 galleries and 170 artist studios, including Smack Mellon and A.I.R. Gallery, as well as public art initiatives like the Dumbo Projection Project.
Yana Peel, president of arts, culture, and heritage at Chanel, is profiled in Cultured's 2026 CULT100 honorees feature. The article, accompanied by a photograph by Jason Schmidt, highlights her leadership in elevating Chanel's commitment to the visual arts, including supporting China's first public contemporary art library, transforming Gabrielle Chanel's French Riviera home into a creative retreat, and launching the Next Prize for emerging artists. Peel answers a series of personal and professional questions, discussing her influences, career highlights such as building pavilions with architects Frida Escobedo, Francis Kéré, and Liu Jiakun during her tenure as CEO of the Serpentine, and her ongoing work with Christo's final project in London.
London gallerist David Juda of Annely Juda, one of the city's longest-operating dealers, shares his strategies for keeping a gallery open amid a wave of closures. He emphasizes staying small, avoiding expensive art fairs for newcomers, and planning succession—handing responsibilities to co-director Nina Fellmann as he approaches 80. The gallery is moving to a new space on Hanover Square, inaugurating with new paintings by David Hockney.