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Plus: satellite fairs boost contemporary art; Sotheby’s opens new Paris HQ; Komunuma draws gallerists to suburbs

Dürer found in tip sells for nearly £35,000; indigenous art gallery to open in London

Collectors are enchanted by the ignored and overlooked — but is this trend stealing valuable attention away from younger artists?

Smaller spaces are struggling in a tough economy as mega-galleries poach artists

Photography fair cancelled in New York, launches in Hong Kong; tributes pour in for dealer Barbara Gladstone; new head at Artsy

Borrowers asked to compensate for decline in collateral by swapping in more expensive artwork or supplying cash

Institutions are building collections of work by esteemed artists — but can they be integrated into education?

The venerable institution is joining a global trend that encourages visitors to get up close and personal

Galleries and institutions aimed to raise the Japanese capital’s profile with a celebration of contemporary art

The economist on the mis-steps of the Fed over interest rates and the markets