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asian collectors and dealers art basel 2658723

Asian collectors and dealers are increasingly choosing to skip Art Basel's flagship Swiss edition in favor of Art Basel Paris, citing the French capital's more appealing experience. Amid a market contraction, figures like Monique Leong are skipping Basel for the second year, while others such as Kankuro Ueshima, Rosy Wu, and Kazunari Shirai still attend. Notable appearances include K-pop star RM of BTS, who made his first public appearance after military service as Samsung Art TV's global ambassador. The fair saw Asian languages spoken widely, and young first-time collectors brought private guides to maximize their visit.

What does winning an arts prize really mean?

The article examines the history and impact of major art prizes, including the Turner Prize (established 1984), the John Moores Painting Prize (nearly 70 years old), and the Loewe Foundation Craft Prize (annual award). It traces the origins of art prizes back to 19th-century Paris salons and highlights how these awards provide cash, recognition, and career acceleration for artists. Specific examples include Rose Wylie, who won the John Moores Prize at age 80 and later joined David Zwirner and secured a Royal Academy solo show, and Samuel Ross, who used his Hublot Design Prize winnings to start his own company.

met museum rockefeller wing renovation review 1234743781

The Metropolitan Museum of Art's Michael C. Rockefeller Wing, closed since 2021, reopens after a $70 million renovation. The redesign by architect Kulapat Yantrasast transforms the previously dark and cramped galleries into airy, energizing spaces, with a major rehang that reconfigures the Oceania galleries. Notable changes include the repositioning of a Kwoma ceremonial house ceiling in collaboration with descendants of the original painters, the relocation of Asmat funerary poles to a dedicated gallery, and the addition of newly acquired works by Ömie artist Ilma Savari. The renovation also features revised wall texts that better contextualize the objects.

art collecting on a budget guide

The article reports that the ultra-contemporary art market has cooled, with high-end sales plummeting while works priced at $5,000 or less have grown. Art economist Clare McAndrew, author of the Art Basel & UBS Art Market Report 2025, notes that collectors are now buying art they genuinely like rather than for investment. The piece offers a practical guide for collecting on a $10,000 budget, featuring advice from gallerists, advisors, and collectors on finding affordable works.

Practice what you preach: artists reflect on ocean crisis at England's Baltic as centre wins sustainability award

Baltic Centre for Contemporary Art in Gateshead, England, has opened a major group exhibition titled "For All at Last Return," featuring 13 international artists whose work addresses the ocean crisis. Inspired by Rachel Carson's 1950 book, the show explores marine habitats from the surface to the deep seabed, with works by Bianca Bondi, Kristina Ollek, Joan Jonas, Taloi Havini, Michael Toisuta, Shezad Dawood, Otobong Nkanga, and Michele Allen. The exhibition includes installations, videos, tapestries, and a public program that engages local communities and examines the fragile balance between industry and ecology on Britain's North East coast.

In pictures: Art Basel's Unlimited section offers visions of utopia

Art Basel's Unlimited section, curated by Giovanni Carmine, features monumental works and performances with themes of utopia, community, and being in sync. Highlights include Oscar Murillo's participatory drawing installation, David Owens' film on Lonnie Holley, Alia Farid's tapestries on Middle Eastern-Cuban migration, Taloi Havini's shell money piece, Atelier Van Lieshout's 160-sculpture march to utopia, Andrea Büttner's shame punishment prints, and Mario Merz's inhabitable igloo.

Museum openings: V&A East Storehouse and the Met’s Rockefeller Wing, plus Rachel Whiteread at Goodwood Art Foundation—podcast

This episode of The Art Newspaper's podcast 'The Week in Art' covers three major museum developments. Ben Luke tours the V&A East Storehouse in London's Queen Elizabeth Olympic Park, a new facility offering unprecedented public access to the Victoria and Albert Museum's collection, speaking with deputy director Tim Reeve, lead technician Matt Clarke, senior curator Georgia Haseldine, and director of collections care Kate Parsons. Ben Sutton visits the Metropolitan Museum of Art's newly revamped Michael C. Rockefeller Wing, which houses collections from Africa, the Ancient Americas, and Oceania, interviewing curator Alisa LaGamma and contemporary artist Taloi Havini. The episode also features Rachel Whiteread's new work 'Down and Up (2024-25)' as Work of the Week, part of her debut exhibition at the Goodwood Art Foundation in West Sussex.

The Met opens reimagined Arts of Oceania galleries showcasing works from the Pacific

New York's Metropolitan Museum of Art is reopening its Galleries of the Arts of Oceania to the public for the first time since 2021, following a major renovation that allowed curators to reimagine the presentation of art from the vast Pacific region. The galleries feature more than 600 artworks from Melanesia, Polynesia, Micronesia, Australia, and New Zealand, including the iconic Kwoma ceiling installation from Papua New Guinea, which has been reconfigured with input from the artists' descendants to accurately reflect clan groupings. The renovation is part of a broader $70 million overhaul of the Michael C. Rockefeller Wing, which also houses collections from the ancient Americas and Africa.

Open call for nominations: exhibition and prize

Artes Mundi has officially opened nominations for its 12th edition, inviting the global art community to propose artists for the prestigious biennial exhibition and prize. Based in Cardiff, Wales, the organization seeks emerging to mid-career artists whose work engages with social reality and the human condition. Nominations are open until May 31, 2026, with the selected winner receiving a substantial prize of £40,000.