Paintings by Pablo Picasso, Juan Gris and Rene Magritte helped Christie’s International sell 177 million pounds ($289 million) of Impressionist, modern and Surrealist art yesterday, the highest tally ever for a London auction.
Miky Lee, vice chairman of CJ Group, beams as she greets a visitor in the executive lounge of South Korea’s biggest purveyor of food, home-shopping services, TV programs and movies. Wearing a black top, charcoal leggings and midcalf Michael Kors sneakers, the 55-year-old granddaughter of Samsung Group’s founder shows no sign it’s been a traumatic few months.
Trustees of the Museum of Modern Art in New York approved initial details of a major expansion, paving the way for razing the former American Folk Art Museum building next door after a review of the controversial plan.
Developers in Singapore and Hong Kong, cities which last year implemented some of their most- restrictive curbs to rein in residential property prices, are shifting focus to the U.S., China and the U.K. as demand is stifled at home.