logo
#

Latest news with #US7.8

Frans Hals portraits return to Holland after a century
Frans Hals portraits return to Holland after a century

The Advertiser

time28-05-2025

  • Entertainment
  • The Advertiser

Frans Hals portraits return to Holland after a century

A pair of paintings by Dutch Golden Age master Frans Hals that possibly depict his own children are returning to the Netherlands after more than a century overseas in the hands of private owners. Boy Playing the Violin and Girl Singing, were bought at auction for $US7.8 million ($A12.1 million) by the Frans Hals Museum and the Mauritshuis museum, with financial support from the Dutch government and a group of foundations. Painted around 1628, the works are seen as especially interesting because, according to the museums, Hals may have used his own children as models. The Dutch government sees them as an important part of the Netherlands' cultural heritage. "It's fantastic that these paintings by Frans Hals, which were owned by a private collector abroad, are now home again," Dutch Culture Minister Eppo Bruins said in a statement. Last year, Amsterdam's Rijksmuseum hosted a major exhibition of the works by Hals, who is famous for depicting his subjects in a lively and expressive manner. He spent nearly all of his life just outside of Amsterdam, in the city of Haarlem. The Frans Hals Museum, located in Haarlem, has the largest collection of the artist's work in the world and will share ownership of the painting with the Mauritshuis in The Hague. The museums will alternate showing the works, but will always keep the two together. The paintings will be on display from mid-July at the Frans Hals Museum and will move to Mauritshuis in autumn. A joint custody agreement for artwork is not new to the Netherlands. In 2015, the Netherlands and France jointly bought a pair of works by another 17th century Dutch master, Rembrandt van Rijn, and swap the paintings every five years. The life-sized portraits of newlyweds Marten Soolmans and Oopjen Coppit were first on display at the Rijksmuseum and moved to the Louvre in Paris last year. A pair of paintings by Dutch Golden Age master Frans Hals that possibly depict his own children are returning to the Netherlands after more than a century overseas in the hands of private owners. Boy Playing the Violin and Girl Singing, were bought at auction for $US7.8 million ($A12.1 million) by the Frans Hals Museum and the Mauritshuis museum, with financial support from the Dutch government and a group of foundations. Painted around 1628, the works are seen as especially interesting because, according to the museums, Hals may have used his own children as models. The Dutch government sees them as an important part of the Netherlands' cultural heritage. "It's fantastic that these paintings by Frans Hals, which were owned by a private collector abroad, are now home again," Dutch Culture Minister Eppo Bruins said in a statement. Last year, Amsterdam's Rijksmuseum hosted a major exhibition of the works by Hals, who is famous for depicting his subjects in a lively and expressive manner. He spent nearly all of his life just outside of Amsterdam, in the city of Haarlem. The Frans Hals Museum, located in Haarlem, has the largest collection of the artist's work in the world and will share ownership of the painting with the Mauritshuis in The Hague. The museums will alternate showing the works, but will always keep the two together. The paintings will be on display from mid-July at the Frans Hals Museum and will move to Mauritshuis in autumn. A joint custody agreement for artwork is not new to the Netherlands. In 2015, the Netherlands and France jointly bought a pair of works by another 17th century Dutch master, Rembrandt van Rijn, and swap the paintings every five years. The life-sized portraits of newlyweds Marten Soolmans and Oopjen Coppit were first on display at the Rijksmuseum and moved to the Louvre in Paris last year. A pair of paintings by Dutch Golden Age master Frans Hals that possibly depict his own children are returning to the Netherlands after more than a century overseas in the hands of private owners. Boy Playing the Violin and Girl Singing, were bought at auction for $US7.8 million ($A12.1 million) by the Frans Hals Museum and the Mauritshuis museum, with financial support from the Dutch government and a group of foundations. Painted around 1628, the works are seen as especially interesting because, according to the museums, Hals may have used his own children as models. The Dutch government sees them as an important part of the Netherlands' cultural heritage. "It's fantastic that these paintings by Frans Hals, which were owned by a private collector abroad, are now home again," Dutch Culture Minister Eppo Bruins said in a statement. Last year, Amsterdam's Rijksmuseum hosted a major exhibition of the works by Hals, who is famous for depicting his subjects in a lively and expressive manner. He spent nearly all of his life just outside of Amsterdam, in the city of Haarlem. The Frans Hals Museum, located in Haarlem, has the largest collection of the artist's work in the world and will share ownership of the painting with the Mauritshuis in The Hague. The museums will alternate showing the works, but will always keep the two together. The paintings will be on display from mid-July at the Frans Hals Museum and will move to Mauritshuis in autumn. A joint custody agreement for artwork is not new to the Netherlands. In 2015, the Netherlands and France jointly bought a pair of works by another 17th century Dutch master, Rembrandt van Rijn, and swap the paintings every five years. The life-sized portraits of newlyweds Marten Soolmans and Oopjen Coppit were first on display at the Rijksmuseum and moved to the Louvre in Paris last year. A pair of paintings by Dutch Golden Age master Frans Hals that possibly depict his own children are returning to the Netherlands after more than a century overseas in the hands of private owners. Boy Playing the Violin and Girl Singing, were bought at auction for $US7.8 million ($A12.1 million) by the Frans Hals Museum and the Mauritshuis museum, with financial support from the Dutch government and a group of foundations. Painted around 1628, the works are seen as especially interesting because, according to the museums, Hals may have used his own children as models. The Dutch government sees them as an important part of the Netherlands' cultural heritage. "It's fantastic that these paintings by Frans Hals, which were owned by a private collector abroad, are now home again," Dutch Culture Minister Eppo Bruins said in a statement. Last year, Amsterdam's Rijksmuseum hosted a major exhibition of the works by Hals, who is famous for depicting his subjects in a lively and expressive manner. He spent nearly all of his life just outside of Amsterdam, in the city of Haarlem. The Frans Hals Museum, located in Haarlem, has the largest collection of the artist's work in the world and will share ownership of the painting with the Mauritshuis in The Hague. The museums will alternate showing the works, but will always keep the two together. The paintings will be on display from mid-July at the Frans Hals Museum and will move to Mauritshuis in autumn. A joint custody agreement for artwork is not new to the Netherlands. In 2015, the Netherlands and France jointly bought a pair of works by another 17th century Dutch master, Rembrandt van Rijn, and swap the paintings every five years. The life-sized portraits of newlyweds Marten Soolmans and Oopjen Coppit were first on display at the Rijksmuseum and moved to the Louvre in Paris last year.

$US steadies as focus shifts to Asian currencies
$US steadies as focus shifts to Asian currencies

Perth Now

time06-05-2025

  • Business
  • Perth Now

$US steadies as focus shifts to Asian currencies

Global stocks have held tight ranges on Tuesday and the dollar clawed back some of its recent losses against Asian counterparts as investors revived concerns about US tariffs and their impact on economic growth. Those worries coupled with pledges from key oil producers to boost supply also kept crude prices languishing near four-year lows. The focus in Asia has shifted to currencies following the Taiwan dollar's surge in recent sessions, which has stoked speculation that a revaluation of regional foreign exchange was on the cards to win US trade concessions. Its rally suggested a big unwinding is under way and shines a light on one economy among many where years of big trade surpluses have built up large long dollar positions at exporters and insurers that are now under question and on edge. The heat turned to Hong Kong on Tuesday, where the de facto central bank bought $US7.8 billion to stop the local currency from strengthening and breaking its peg to the greenback. "The real action today is in Asian FX," said Charu Chanana, chief investment strategist at Saxo in Singapore. "If these currencies keep strengthening sharply, it could spark fears of a 'reverse Asian currency crisis', with potential ripple effects in the bond market amid fears that Asian institutions reassess their unhedged exposure to Treasury holdings." On the mainland, China's yuan strengthened to its highest level since March 20 at 7.23 per dollar. The Taiwan dollar was last at 30 per US dollar in early trading on Tuesday, not far from the near three-year high of 29.59 it touched on Monday as it jumped eight per cent over two days. In stocks, MSCI's broadest index of Asia-Pacific shares outside Japan was 0.2 per cent lower with Japan closed for a holiday. Taiwan stocks slipped 0.3 per cent. Chinese markets returned from a holiday with the blue-chip index opening slightly higher. Hong Kong's Hang Seng was down 0.2 per cent. Investor attention has been on the possibility of easing trade tensions between the US and China after Beijing last week said it was evaluating an offer from Washington to hold talks over tariffs. But with few details, uncertainty has reigned with investors left trying to make sense of headlines coming out of the White House. US President Donald Trump said on Sunday that Washington is meeting with many countries, including China, and that his main priority with China is to secure a fair deal. Trump also on Monday slapped a 100 per cent tariff on movies produced outside the United States but offered little clarity on how the levies would be implemented. Saxo's Chanana said tariff headlines are doing more to drive market direction. "And that means the tactical risk-reward could still be tilted to the upside with hard data holding up and sentiment buoyed by hopes of trade deals." Data on Monday showed the US services sector's growth picked up in April, while a measure of prices paid by businesses for materials and services raced to the highest level in more than two years, signalling a building up in inflation pressures due to tariffs. Attention shifts to the Federal Reserve's policy decision on Wednesday, where the central bank is widely expected to keep rates steady but the spotlight will be on how policymakers are likely to navigate a tariff-ridden path. "The markets want confirmation that the Fed intends to cut rates through any price shock that tariffs cause, just as is currently priced-in," said Kyle Rodda, senior financial markets analyst at Traders are pricing in 75 basis points of easing this year with the first move possibly in July, LSEG data showed. In commodities, oil steadied on Tuesday after hitting four-year lows in the previous session that was driven by an OPEC+ decision to accelerate output increases. Gold prices touched a one-week high on safe-haven demand.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store