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‘I feel a renewed passion to shape a new era’: Youn Bummo takes the reins as president of the Gwangju Biennale

Youn Bummo has been appointed president of the Gwangju Biennale Foundation, returning to the organization he helped launch in 1995. He previously served as director of South Korea's Museum of Modern and Contemporary Art (MMCA) from 2019 until his resignation in 2023, which was widely attributed to political pressure. The 16th edition of the Biennale in 2025 will be curated by Singaporean film artist Ho Tzu Nyen.

National Museum of Asian Art Presents “Korean Treasures: Collected, Cherished, Shared”

The Smithsonian's National Museum of Asian Art will present "Korean Treasures: Collected, Cherished, Shared" from November 8, 2025 to February 1, 2026, marking the first U.S. exhibition of masterpieces from the Lee Kun-Hee Collection. Featuring over 200 works including a dozen Korean National Treasures, the exhibition spans 1,500 years of Korean art—from ancient Buddhist sculptures and ceramics to Joseon dynasty furnishings and 20th-century modern paintings. The collection, donated to the Republic of Korea in 2021 by the family of the late Samsung Chairman Lee Kun-Hee, comprises more than 23,000 works accumulated over 70 years. The exhibition is co-organized by the Art Institute of Chicago, the National Museum of Korea, and the National Museum of Modern and Contemporary Art, Korea, with additional loans from the Leeum Museum of Art shown exclusively in Washington, D.C.

Seoul Auction vs. K Auction: May Major Auctions Through Modern Masters, Contemporary Installation, and Antique Art

In the final week of May 2026, South Korea's two leading auction houses, K Auction and Seoul Auction, will hold major sales one day apart. K Auction's May sale on May 27 features 83 works with an estimated value of KRW 10.4 billion, including Park Soo-keun's 'On the Way Home' (1964) and Do Ho Suh's large-scale installation 'Cause & Effect'. Seoul Auction's 192nd Art Auction on May 28 offers 145 works with a combined low estimate of KRW 10.3 billion. Both sales focus on proven artists and rare works rather than large-scale expansion, highlighting Korean modern masters like Kim Whanki and Yoo Youngkuk alongside contemporary international names.