Not a pretty picture: Japanese quietly step up sale of bubble-era art
Article Abstract:
The art bubble in Japan peaked in 1990 and today more and more paintings an drawings are being sold. Christie's Japan sold $41 million worth of Japanese collectors' art in 1997, and sales to late May 1998 have already totalled $31 million. Some sellers are losing money, but certain works by famous masters can hold their value, and sometimes even appreciate. Hideto Kobayashi, a gallery owner in Tokyo, estimates that around 200 billion Yen in Japanese owned art remains to be sold.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1998
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Sweet smell of success
Article Abstract:
Japanese concern Ricom Corp has seen considerable success with its Champex mushroom extract, which is said to eliminate all unwanted body smells. The company has now taken out patents for this product in the US and six European countries, and is looking at potential medical applications. The product is said to prevent putrid substances such as hydrogen sulphide, which are created by bacteria in the intestine, from being absorbed into the bloodstream.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1998
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