The Economist: Asia accounts for quarter of global auction revenue, “lion’s share is made up of art,” painting is most desirable medium [AO Newslink]

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New York’s Metropolitan Museum announces record attendance (5.6 million), fiscal year includes blockbuster exhibitions “Alexander McQueen: Savage Beauty” and Picasso [AO Newslink]

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Gagosian Gallery now represents critically acclaimed Chinese painter Zeng Fanzhi [AO Newslink]

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Leigh Morse, director of Salander-O’Reilly Galleries, dealer for Robert DeNiro (who testified), to serve prison sentence and pay $1.65 million restitution for fraud [AO Newslink]

Read the article via Bloomberg

Emmanuel Perrotin, dealer of Murakami, Cattelan, on taking risks: “People imagine it must be easy for me now, but every day is more difficult…you’re still only as good as your last show” [AO Newslink]

Read the interview via TheArtNewspaper

This Wednesday, Lucian Freud passed away in his London home at the age of 88. According to Mr. Freud’s dealer, William Acquavella of Acquavella Galleries, Freud suffered a brief illness before his death. Freud’s career is characterized by his thickly-painted portraits of friends and family, which brought forward and repositioned the genre of portraiture in the twentieth century.

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Google Doodle commemorates Alexander Calder’s 113th birthday [AO Newslink]

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Christie’s first-half sales make record-breaking £2 billion ($3.2 billion), 15% increase due to growing international market [AO Newslink]

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Two 17th-century paintings by Nicholas Poussin were reportedly vandalized yesterday in the National Gallery in London.  A 57-year-old man, presumably French, sprayed Poussin’s 1634 “The Adoration of the Golden Calf” with a canister of red paint and according to a by-stander, he “seemed proud of what he had done” and made no attempt to escape the scene.

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Jay Jopling’s White Cube, purveyor of art by Damien Hirst, Tracey Emin, Chapman Bros., to open first overseas branch in Hong Kong, shortly after Larry Gagosian [AO Newslink]

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National Portrait Gallery director unveils Tate’s operation to secure stolen Turners and £24m insurance [AO Newslink]

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A Carl Andre interview regarding “Things in Their Elements” and upcoming retrospective by Dia:Beacon in 2013 [AO Newslink]

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Artist-filmmaker Miranda July has cover of New York Times Magazine, to release “The Future” this summer [AO Newslink]

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Charles Saatchi “the original collector who deals” publishes new edition of “The History of the Saatchi Gallery” [AO Newslink]

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Mr. Brainwash of Banksy’s Exit Through the Gift Shop plasters LA for new Red Hot Chili Peppers album (with cover by Damien Hirst) [AO Newslink]

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Klimt landscape estimated to sell for $25 million in Sotheby’s auction [AO Newslink]

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Accused Picasso thief kept “small museum” of stolen art at home, with more Picassos, a Léger, Basquiat Photo [AO Newslink]

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Centre Pompidou permanently installs Calder’s Horizontal in front of façade [AO Newslink]

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German billionaire pays over $70 million for Holbein painting, outbids Staedel Museum in Frankfurt [AO Newslink]

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Ryan McGinley sued for copyright infringement, “Jah Jah” Gordon claims 150 of his photographs are based on her work [AO Newslink]

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Takashi Murakami, currently showing at Gagosian UK: “Does he think he’s too expensive? ‘I think so, yes, honestly, yes'” – via Bloomberg [AO Newslink]

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Jennifer Rubell “worked in food, then wrote about food, and then became known as a ‘food artist'” – via NYMag [AO Newslink]

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Manhattan art dealers accused of selling forged Motherwell painting – via NYPost [AO Newslink]

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Guy Wildensien via The Independent

The French art collector Guy Wildenstein, has been charged by the French authorities with the concealment and breach of trust in reference to the 30 pieces of art work found in the Wildenstein Institute’s Paris storeroom. Multiple lawsuits against Guy have been taken out by the Wildenstein family, as they continue to fight amongst each other for their fortune.

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