About 80% of the global art market by value takes place outside the UK. The largest art market in the world is the US with China in third place (after the UK) followed by France, Germany and Switzerland.

Many more nations have a rich art and antiques heritage with active auction, dealer, fair, gallery and museum sectors even if their market size by value is smaller.

Read the top stories and latest art and antiques news from all these countries.

Thousands of ‘frozen’ manuscripts from bankrupt Aristophil fund to return to market

28 July 2016

Historical documents and manuscripts from the scandal-hit Aristophil investment scheme could soon return to the market as the slow process of restitution promises to quicken in the coming weeks.

Owners withdraw loans to German museums in response to culture bill

25 July 2016

The Roemer and Pelizaeus Museum in Hildesheim has had to close a major exhibition after collectors withdrew their loans following the approval of Germany’s new Cultural Property Protection Act.

Sputnik-1 model at Bonhams

Sputnik-1 model goes into orbit at New York auction selling at 15 times estimate

21 July 2016

A full-scale test model of the satellite Sputnik-1 sold at Bonhams New York yesterday for $220,000 (£167,012), outstripping a $10,000-15,000 estimate.

Claudia Dwek of Sotheby's

Sotheby's promote Claudia Dwek to European chairman of contemporary art

20 July 2016

Sotheby’s have appointed Claudia Dwek as chairman of contemporary art, Europe. She will remain as co-chairman of Sotheby’s Italy.

Henry Moore’s Reclining Figure Festival

Christie’s sales down 27% – is this an art market slump?

20 July 2016

Christie’s has experienced a sharp fall in overall sales. In figures released earlier today the company reported sales of £2.1bn for the first half of 2016, which compared to £2.9bn for the same period in 2015.

Antiques insurance

Insuring valuables in a changing world: the art and antiques market takes cover

20 July 2016

Increased risk around compliance, global trade and even terrorism suggests antiques firms need to insure a wider range of activities. But how can they do so without breaking the bank?

Scott Diament president and CEO of Palm Beach Show Group

Post-Brexit partnership: BADA joins forces with Palm Beach Show Group

18 July 2016

Members of the British Antique Dealers Association (BADA) will stand at the upcoming New York Art, Antique and Jewelry Show as part of a new partnership between BADA and The Palm Beach Show Group.

Doucai winepot at Nagel in Stuttgart

Sales move out of Germany as controversial culture bill becomes law

18 July 2016

German auctioneers are preparing to move sales abroad following the passing of a controversial new cultural heritage law.

 La Revue Blanche by Henri de Toulouse-Lautrec

Toulouse-Lautrec posters sweep into Swann’s auction

15 July 2016

A series of posters by Henri de Toulouse-Lautrec headlines the upcoming Vintage Posters sale at Swann Auction Galleries in New York.

Chicago auctioneers extend their reach to Arizona

14 July 2016

Leslie Hindman Auctioneers are expanding their operations to Scottsdale, Arizona. This will be the firm’s sixth location outside their headquarters in Chicago.

Art dealer faces fresh questions over Picasso theft after images of works found on his laptop

13 July 2016

A Paris art dealer was placed under renewed investigation last week in the latest twist involving the alleged theft of three works from Pablo Picasso’s stepdaughter.

Tribal art and classic cars boost French auctioneers

13 July 2016

Auction houses in France have announced their first half-year sales figures.

Hong Kong to tighten ivory rules but gives traders five-year grace period

12 July 2016

Hong Kong has given its ivory traders five years before its rules are tightened.

William Gear Seated Nude James Hyman

Gallery brings forward exhibition of British modernist in light of EU referendum

12 July 2016

James Hyman Gallery opened an exhibition of William Gear's works yesterday, several months earlier than planned, in a reaction to Brexit.

Jewellery firms withdraw from Biennale after changes to direction and layout of Paris fair

11 July 2016

The 28th edition of the Paris ‘Biennale des Antiquaires’ will include a radical shake-up of its jewellery content.

Helena Newman of Sotheby’s

Sotheby’s appoint Helena Newman as European chairman

11 July 2016

Helena Newman has been appointed as chairman of Sotheby’s Europe. She will hold the new role in addition to her current position as co-head of Impressionist and Modern art worldwide.

Art Antiques London exterior

Triple threat: Three major fairs hold steady in the wake of Brexit concern

08 July 2016

It is two weeks since the first of the three major London summer fairs opened. With all three now concluded, ATG looks back on a summer season acknowledged as surprisingly successful.

the Pierre-Yves le Diberder collection from Pierre Berge and Christie's

Christie's and Pierre Bergé team up for new single-owner collection sale

07 July 2016

Christie's Paris and Pierre Bergé & Associés have teamed up for their first joint sale since the record-breaking Collection Yves Saint Laurent – Pierre Bergé sale in 2009.

Beverly Hills gallerist and auctioneer Joseph Chait sentenced to jail for ivory offences

05 July 2016

Joseph Chait, 38, of the IM Chait gallery and auction house in Beverly Hills, has been sentenced to one year and one day in prison after admitting he conspired to smuggle items of rhino horn, ivory and coral.

Board changes and new appointments at Strauss & Co following death of Stephan Welz

05 July 2016

South African auction house Strauss & Co have made a number of appointments to its board in the wake of the death of founding managing director, Stephan Welz at the end of last year.