The Business Times

Art investing

Lifestyle

At Art Basel, dealers reap rewards by sidestepping politics and war

Maurizio Cattelan's conceptual work featuring a banana, being auctioned at Sotheby's in New York on Nov 20. The work sold for US$6.2 million with fees.
Opinion & Features

It’s bananas to regard art as an investment

The 2.2 m portrait “A.I. God” by “Ai-Da”, the world’s first ultra-realistic robot artist, smashed pre-sale expectations of US$180,000 when it went under the hammer at London auction house Sotheby’s Digital Art Sale.
Telcos, Media & Tech

First artwork by humanoid robot sells for US$1.3 million

In 2022, high net worth individuals allocated 24 per cent of their wealth to art. That number has fallen to just 15 per cent in 2024.
Wealth & Investing

The art market is on the brink of major upheaval

Visitors at Frieze Masters, which is devoted to pre-21st century artworks, in Regent's Park, London, on Oct 9, 2024.
Lifestyle

Calculating the real value of the art you own

Aurélie Vassy, Sotheby’s head of handbag and fashion sales in Europe, holds a Hermès mini Kelly Bags in front of a Claude Monet painting, at the auction house’s new Paris headquarters on Oct 12, 2024.
Lifestyle

Paris is rising as an art market hub, with some way left to go

K Contemporary turned a wall piece by textile artist Anne von Freyburg into a bedspread, stationed two human-like sculptures by Viktor Freso on the terrace, and hung a painting by Marc Dennis over the toilet. “I love taking artwork out of that idea of the white cube,” gallery owner Doug Kacena says.
Wealth & Investing

In Aspen, a new art fair follows the money

Le Pho, Pivoines et Blueuts (Peonies and Cornflowers).
Lifestyle
LIFE & CULTURE

A pivotal gateway to Asia’s thriving art market

epa11249490 A woman takes photos of the artwork Kabinett, which is a site-specific installation that incorporates paintings and reconstructed found objects, by artist Zhou Yilun from Hangzhou of China, during the Art Basel exhibition in Hong Kong, China, 29 March 2024. Art Basel Hong Kong’s show features galleries from across continents and regions, including from the United States, Taiwan, Europe, the United Kingdom and beyond. It provides an in-depth overview of Asia-Pacific's astonishing diversity, as well as global artistic perspectives through Modern and contemporary works. EPA-EFE/DANIEL CENG
Lifestyle
LIFE & CULTURE

Art market experts see rebound in confidence after 2023 slump

Linda Neo started collecting art as a means of sharing a common interest with her husband, Albert Lim.
Watches
LUXURY

Luxury investments: Why these Singaporeans collect art, watches and wine

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