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A flurry of art fair activity across Asia marked the early weeks of 2026. Art Basel's inaugural Qatar edition broke format with single-artist presentations, focusing on MENASA artists and discreet institutional buying. The India Art Fair in New Delhi reported strong sales for local and international galleries, while new fairs launched in Jakarta, Manila, and Hong Kong. Tokyo Gendai announced its return, and Art Basel's digital platform Zero 10 expanded to Hong Kong.

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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.

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Mathieu Borysevicz, founder of Shanghai's Bank gallery, launched a six-month pop-up on New York's Lower East Side earlier this year, aiming to introduce his program to new audiences amid growing Asian art interest in the city. By mid-summer, however, Borysevicz observed a sharp market downturn as collectors withdrew, reflecting a broader trend of gallery closures, lawsuits, and fair cancellations that have marked a turbulent period for the art world.

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A new exhibition titled "Presence in Absence: The Art of BTS Chapter 2" opens at Taxa Seoul on June 21, featuring 20 fan artists from around the world whose works celebrate the K-pop group BTS. Curated by Jieun Seo and Yvette Wohn of 25th Hour Collective, the show includes artworks created between 2022 and 2025, a period when BTS members were fulfilling mandatory military service, leading fans to channel their devotion into creative expression. The exhibition highlights diverse styles and media, from solo portraits to surreal scenes, reflecting the global reach of BTS fandom.

10 Practical Reasons We Need to Defend the National Endowment for the Arts

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President Donald Trump's administration has renewed efforts to defund the National Endowment for the Arts (NEA), proposing for the fourth consecutive year a budget that would zero out the agency. The Heritage Foundation, a conservative think tank that has staffed the current administration, continues to promote its 1997 report 'Ten Good Reasons to Eliminate Funding for the National Endowment for the Arts' as a key reference in debates. This article, originally published in 2020 and republished in response to these developments, systematically rebuts each of the Heritage Foundation's arguments against the NEA, beginning with the claim that private support alone is sufficient.

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A series of significant developments occurred across the global art industry this week. Expo Chicago announced a scaled-back edition under new director Kate Sierzputowski, while the Outsider Art Fair revealed its exhibitor list. A long-lost Renaissance portrait by Sofonisba Anguissola resurfaced at the Winter Show. Christie's will sell the collection of the late MoMA trustee Barbara Jakobson, featuring works by Jeff Koons and others. Bonhams made a key hire, and Sotheby's priced a major art-backed securitization. In gallery news, Alissa Friedman returned to Salon 94, Mary Cork joined Lehmann Maupin London, and several artists gained new representation, while New York's Francis Irv gallery announced its closure.

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Artnet Pro's 'The Asia Pivot' newsletter previews the 2026 Asian art market, highlighting a hopeful recovery after signs of improvement in late 2025. Key events include Art SG in Singapore (hosting S.E.A. Focus for the first time), the inaugural Art Basel Qatar in February, and Art Basel Hong Kong in March. Auction houses will align spring sales with these fairs. The article also notes regional shifts: South Korea's Art Asia partners with KINTEX for a new fair in India, Hong Kong's Kwai Fung Hin opens in Singapore, and Shanghai's Antenna Space expands to Hong Kong. Japan's Prime Minister Sanae Takaichi meets with artist Takashi Murakami to promote culture abroad, while geopolitical tensions with China threaten cultural exchanges.

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This edition of State of Play, part of Artnet Pro's Asia Pivot newsletter, reports on recent developments across Asia's art world. Taipei Dangdai Art and Ideas and Art Busan both concluded with slower sales and reduced attendance, citing economic and geopolitical uncertainty. Meanwhile, Art Basel announced a new fair in Doha for February 2026, and more Asian galleries are opening spaces in New York. In institutional news, philanthropist Yan Du is launching Yan Du Projects in London, the Simose Art Museum in Japan is hosting its first contemporary exhibition, and the Smithsonian's National Museum of Asian Art has repatriated looted Zidanku Silk Manuscripts to China.

At Frieze New York, Business Plunks Along, Leonardo DiCaprio Alights

At the VIP opening of Frieze New York, collectors were present but subdued, with galleries presenting modest displays and sales proceeding at a sensible, sedate pace. Despite the lack of urgency, business has improved since last year, buoyed by upcoming top-tier auctions. Thaddaeus Ropac confirmed four early sales, including a George Baselitz canvas for €1.4 million and an Alex Katz work for $400,000. David Zwirner’s booth of Joe Bradley paintings was among the buzziest, with all works on hold by early afternoon, while Cindy Sherman photographs at Hauser & Wirth sold steadily. Leonardo DiCaprio made visits, and Kelly Sinnapah Mary’s paintings at James Cohan Gallery sold out, the largest to a museum.

Lee Ufan: ‘I try to bring together those things which are made and unmade’

Lee Ufan, the South Korean artist and founding member of the Mono-ha movement, is being honored with a major solo exhibition at SMAC San Marco Art Centre as an official Collateral Event of the Venice Biennale, marking his 90th year. Simultaneously, a new display of his painting and sculpture opens at Dia Beacon in New York State, and his first show in Portugal opens at Casa e Parque de Serralves in July. In an interview with The Art Newspaper, Ufan discusses his artistic journey, his rejection of the artist's hand, and the influence of seeing a Barnett Newman exhibition at MoMA in 1971, which led him to develop his signature From Point and From Line paintings that use repeated marks to express the passage of time.

The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.

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ART SG concluded its 2026 edition at Singapore’s Marina Bay Sands with steady sales and a reported attendance of 43,000 visitors. While the fair lacked the million-dollar trophy sales seen in previous years, blue-chip galleries like Thaddaeus Ropac and White Cube reported significant transactions, including a £475,000 Raqib Shaw painting and a sell-out presentation of Lee Bae works by Johyun Gallery totaling $2.76 million. The event also featured a strategic partnership with S.E.A. Focus, integrating the boutique fair into the main hall to highlight regional talent.

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Singapore's Art SG fair featured a new pavilion called South Asian Insights, backed by India's TVS Motor Company, showcasing contemporary art from South Asia. The pavilion, which included eight galleries and featured a tapestry by Raqib Shaw sold to a Japanese collector, was crowded and highlighted the rising market for South Asian art.

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The Asia-Pacific art scene saw significant activity across multiple sectors. Art SG reported increased attendance and sales, while the SAM Art SG Fund acquired works for the Singapore Art Museum. JD.com announced plans for a major new museum in Shenzhen, and several appointments and award winners were named across the region. Auction houses Bonhams Hong Kong and Sotheby's Singapore posted strong sales results, with the latter setting new artist records.

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Art Basel Hong Kong has announced its exhibitor list for the 2026 edition, featuring 240 galleries from 42 countries and territories, roughly the same size as last year's 242 galleries. The fair runs March 27–29 at the Hong Kong Convention and Exhibition Centre, with preview days on March 25–26. New additions include 32 first-time exhibitors from Australia, Japan, Turkey, France, Germany, and the US, while 33 galleries from the previous edition are absent—some due to closures (Blum, Clearing, Kasmin) or acquisitions (Millan bought by Almeida & Dale). A new sector called Echoes will showcase works created in the last five years, and the Encounters sector will be curated by a team led by Mami Kataoka. Media artist Ellen Pau will oversee the film program for the first time, and Shahzia Sikander has been commissioned to create a public artwork for the M+ Museum facade.

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The fourth edition of Frieze Seoul opened with strong collector turnout and solid first-day sales, despite a turbulent global art market. High-profile attendees included MoMA PS1 director Connie Butler, Hawai‘i Triennial 2025 cocurator Wassan Al-Khudhairi, and Top 200 Collectors Lonti Ebers, Yassmin Ghandehari, and Qiao Zhibing, alongside K-pop stars Lisa (BLACKPINK), RM (BTS), and The8 and Vernon (Seventeen). Major sales included Hauser & Wirth’s $4.5 million sale of Mark Bradford’s triptych "Okay, then I apologize" (2025) and a George Condo painting for $1.2 million, while White Cube, Thaddaeus Ropac, Pace Gallery, and others reported significant transactions. International blue-chip galleries with Seoul spaces are doubling down, presenting top-tier shows of star artists like James Turrell, Antony Gormley, and Lee Bul, with Korea’s private museums also mounting blockbuster exhibitions.

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Artnet News published its quarterly museum artist ranking for June 2025, analyzing temporary exhibitions at over 250 U.S. museums to identify which living artists received the most institutional attention. The list includes over 4,500 names, with Indigenous contemporary artists dominating the top ranks: Cara Romero and Sky Hopinka remain highly visible, joined by Jeffrey Gibson and Andrea Carlson. Cindy Sherman appears in at least 10 group shows nationwide, while Alex Katz continues as a rare painter favored by museums at age 97. The ranking prioritizes career retrospectives, dedicated exhibitions, and special commissions over group show appearances.

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This roundup covers multiple developments across the Asian art world. Notable events include the death of Korean artist Suki Seokyeong Kang at age 47; Robin Peckham leaving his role as co-director of Taipei Dangdai; Lucy Liu becoming a partner at Rachel Uffner Gallery, which will rebrand as Uffner and Liu; STPI Creative Workshop and Gallery presenting the first Southeast Asian solo show for Cuban artist Wifredo Lam; Art Week Tokyo returning with Adam Szymczyk curating its AWT Focus platform; Japanese painter Yu Nishimura joining David Zwirner; and the Rijksmuseum inviting Fiona Tan to curate a major exhibition. Other highlights include the 13th Seoul Mediacity Biennale, Tate Liverpool's planned 2027 reopening with a Chila Kumari Singh Burman retrospective, a Louvre-Doraemon collaboration, Boo Ji-hyun's permanent installation in Japan, Christie's Hong Kong Spring Asian Art Week sales totaling HK$567.6 million, and Sotheby's postponing a controversial Hong Kong auction of Buddhist relic-linked jewels. Hyundai Artlab named Jiaying Sim and Elvia Wilk as its 2025 Artlab Editorial Fellows.

Raghu Rai obituary

Raghu Rai, the renowned Indian photographer known for capturing his country's post-independence history through singular, enduring images, has died at age 83 from cancer. Rai's career spanned six decades, during which he documented events from the 1984 Bhopal gas disaster to the Bangladesh war of independence, and photographed figures including Indira Gandhi, Mother Teresa, and the Dalai Lama. He joined Magnum Photos in 1977 after being invited by Henri Cartier-Bresson, and worked as a staff photographer for the Statesman and as picture editor for India Today.

Is Hong Kong Back? The GRAND PRIX de Basel 2026

Hong Kong’s art scene experienced a massive surge of activity in March 2026, anchored by Art Basel Hong Kong and Art Central. The city hosted 240 galleries at the main fair, drawing over 91,000 visitors, alongside numerous boutique fairs, auction previews, and major institutional exhibitions. Highlights included a reassembled 1964 Yayoi Kusama installation at Art Intelligence Global, a lecture by Zhang Xiaogang at Asia Art Archive, and a poignant solo show by artist duo Chow and Lin at SC Gallery.

Asian Artists Set the Stage at Independent Art Fair 2026

At the 17th edition of the Independent art fair in New York, six galleries are presenting solo booths dedicated to Asian artists, including a U.S. debut by Taiwanese artist Tseng Chien-Ying and works by Japanese painter Rika Minamitani and Chinese conceptual artist Pu Yingwei. Founder Elizabeth Dee highlights the trend as reflecting broader geopolitical shifts and artists' desire to engage with complex cultural debates in New York.

Inside Sunpride Foundation’s Mission to Champion LGBTQ+ Art Across Asia

Patrick Sun founded the Sunpride Foundation in 2014 to support LGBTQ+ communities through art, combining his passion for contemporary queer Asian art with philanthropy. The foundation's flagship "Spectrosynthesis" exhibition series has been staged at major institutions across Asia, including the Museum of Contemporary Art, Taipei, and the Bangkok Art and Culture Centre. The latest iteration, "Spectrosynthesis Seoul," opened at Seoul's Art Sonje Center and runs through June 28, 2026. Sun, a Hong Kong-born real estate developer and longtime art collector, built the foundation's collection with a focus on works suitable for museum exhibitions about queer identity.

Seoul Gets an Intriguing New Art Fair—Plus, a Rundown of the Latest in Asia’s Art World

The Asian art landscape is undergoing significant shifts, headlined by the launch of Hive Art Fair in Seoul, which introduces a fee-free booth model focused on B2B corporate collaborations. Major institutional moves include the appointment of Melissa Chiu as the new director of the Guggenheim Museum and the opening of the Black Gold Museum in Riyadh. Meanwhile, the Hong Kong Museum of History has reopened with a controversial thematic revamp that emphasizes Chinese heritage over colonial history.

Japan's Art Market Growth and Asian Art News

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Japan’s art market demonstrated remarkable resilience in 2024, growing by 2% to reach $692 million despite a 12% contraction in the global art market. A government-commissioned report by economist Clare McAndrew revealed that the Japanese market is characterized by high-volume, lower-value transactions, with 93% of sales occurring at price points under $10,000 and dealers accounting for the vast majority of trade.

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Jaiveer Johal, an Indian art collector and logistics heir based in Chennai, discusses the current boom in the Indian art market in an interview for Artnet Pro's newsletter "The Asia Pivot." Johal, who founded the Avtar Foundation for the Arts in 2024 to promote Modern and contemporary South Asian art, notes that auction records for Indian Modern masters have reached new highs while contemporary galleries like Experimenter, Nature Morte, and Jhaveri Contemporary are expanding internationally. He observes that rising prices are pricing out many collectors, including himself, as institutions and wealthy buyers drive demand.

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This edition of State of Play, part of Artnet Pro's The Asia Pivot newsletter, reports on multiple developments across Asia's art scene. Highlights include the launch of Art Fairs Pavilion Taipei, a new alternative art fair co-founded by Hong Kong dealers Willem Molesworth and Ysabelle Cheung, with 13 galleries for its inaugural edition. Galleries Antenna Space and Kwai Fung Hin Art Gallery are expanding into Hong Kong and Singapore respectively, while veteran Beijing gallery Long March Space has closed its physical venue. The Taipei Fine Arts Museum announced Taiwan's collateral exhibition at the Venice Biennale, and the Hong Kong Museum of Art named artists for its collateral show. The Asia Society Museum in New York will open a 70th-anniversary exhibition, and the H+ Museum in Suzhou, designed by Tadao Ando, officially opened with two inaugural shows.

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This week's art industry roundup covers major auction results, gallery representation changes, museum leadership shifts, and a high-profile art theft. François-Xavier Lalanne's *Hippopotame Bar* sold for $31.4 million at Sotheby's Breuer headquarters, setting a record for both the artist and design works. A Tiffany Magnolia floor lamp also set a new auction record at Sotheby's, fetching $4.4 million. Meanwhile, a New Jersey auction house quietly sold over $100,000 of Jeffrey Epstein's belongings, including artworks, without disclosing his ownership. In the gallery world, several artists changed representation, and former Clearing director John Utterson joined Thaddaeus Ropac. Museum news includes the Smithsonian's National Museum of Asian Art repatriating three Khmer-era sculptures to Cambodia, Maria Balshaw stepping down as Tate director, MoMA PS1 offering free admission starting January 1, and the Rijksmuseum planning a new branch in Eindhoven. Additionally, eight rare Matisse prints and five works by Candido Portinari were stolen from São Paulo's Mário de Andrade Library.

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Art Busan wrapped its 14th edition on a high note, with over 100 galleries participating and a special exhibition titled “CONNECT” curated by Wonseok Koh under the theme Territories and Boundaries. The fair, part of Busan Art Week, saw strong engagement from international galleries such as Société (Berlin) and Canada (New York), with directors noting maturing visitors and serious local collectors. A new partnership with Tokyo Gendai will bring 10 Korean galleries to Japan this September, and the fair debuted a Future Art Award for emerging galleries.

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Frieze Seoul returns for its fourth edition at Coex from September 3 to 6 with 120 galleries, maintaining last year's scale. Asian galleries now represent 64 percent of exhibitors, up from 48 percent, signaling a stronger regional identity. Notable non-returning galleries include Blum, Karma, and Neugerriemschneider. Meanwhile, Kiaf Seoul will run concurrently with 176 exhibitors, and Art021 Group suspended its 2025 Hong Kong show after a single edition. Gallery Weekend Beijing concluded its ninth edition with a new invitation-only model, and several Asian-rooted artists are featured in London Gallery Weekend. New institutions opened, including the Photography Seoul Museum of Art and the Naoshima New Museum of Art, while the inaugural Bukhara Biennial program was announced.

What You Should Definitely Avoid in Venice

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The article humorously critiques the Venice Biennale, highlighting several disappointments. It describes a Japanese pavilion installation by Ei Arakawa-Nash featuring baby dolls for diaper-changing, which a critic dismisses as a male artist over-romanticizing parenthood. Other flops include long queues for the German and Austrian pavilions, underwhelming main exhibition "In Minor Keys," and annoying self-promotional performers outside venues. The piece also laments the presence of loud American collectors and donors who dominate the event.