Dana Schutz’s record broken twice in one night at Phillips then Sotheby's, while the bidder behind the $91m Koons Rabbit buys Lee Krasner painting for $10m

Market is alive and kicking at the top for prime Impressionist works, though Bouguereau's uncomfortably placed, 19th-century Bacchanalian scene failed to sell

Christie’s values the Japanese-influenced picture of the asylum garden at $25m

Lack of supply dogs London and Hong Kong and guarantees are down over 50% as former chief operating officer Adam Chinn apparently joins the Mugrabi dealing family

After settling with dealer Mark Weiss, Sotheby’s is still trying to recoup losses after refunding US buyer of the painting

Estimated to fetch $7-$10m, the New York cityscape, depicts the iconic Central Park statue of the playwright

Sotheby's James Martin stands by his assertion that the painting is a fake following hours of interrogation challenging the independence of his scientific analysis

Sotheby's assisted the return of the books, including 11 medieval manuscripts, which were found in Belgium

Settlement came day before trial was due to start, but its suit against financier will continue

While well known in the West, the work of this major figure of Austrian Expressionism is less recognised in Asia—until now

Our picks from upcoming fairs and auctions in the next fortnight

Dutch Old Masters in the retailer’s corporate collection are to be sold at Sotheby’s

Jenny Saville's Juncture sells for £5.4m and records set for Rebecca Warren and Nigerian artist Toyin Ojih Odutola, but Jean-Michel Basquiat still leads prices

Our highlights from upcoming fairs and auctions

Auction house reports $6.4bn in total sales last year, while chief executive Tad Smith says guarantees are not "at a particularly high level"

£63m auction total is half that of last year, but bidding from Asia and Russia helps make new record for Oskar Schlemmer and a Venetian view by Monet

Proceeds would go toward acquisitions that “address art historical gaps’’

Sotheby’s sees strong sales for works on paper by Rubens and Carracci while interest in masterworks by female artists slowly rises

Following a $65m sale of the Chinese modernist’s work in October, Sotheby’s will offer an untitled work this spring to benefit the museum’s acquisition fund

Our pick of the highlights from January's auctions and fairs

Sales lag while demand for folk art is on the rise as Millennials move away from a ‘Home Alone’ aesthetic

Major works by 14 women artists are expected to dominate Sotheby’s Masters Week offerings and bring more 'diverse' collectors

Dealers’ association seeks meeting with culture minister over fears report will open the door to numerous restitution claims for a range of artefacts

Supreme court victory in France allows the auction house to shift the responsibility for resale royalties from sellers to buyers of works of art

Loic Gouzer to leave Christie’s as the auction house restructures in the wake of Francis Outred's departure, while Phillips upgrades its New York headquarters

David Hockney was latest white male artist to set a record this year

Christie's and Sotheby's sell near identical Van Dyck portraits of Princess Mary, and new records are set for Frans Hals and a jolly Judith Leyster

The rapid growth in the number of loan providers, from private banks to specialist lenders, could transform the art market’s relationship with the financial markets

Former deal-maker, who joined the auction house in 2016 with the acquisition of Art Agency, Partners, will leave on 31 December