The Smile Cancels European Tour Due to Jonny Greenwood's Emergency Hospitalization
A few days ago, Jonny became seriously ill from an infection that needed emergency hospital treatment, some of it in intensive care
The Smile Cancels European Tour Due to Jonny Greenwood's Emergency Hospitalization
The Smile Cancels European Tour Due to Jonny Greenwood's Emergency Hospitalization
"A few days ago, Jonny became seriously ill from an infection that needed emergency hospital treatment, some of it in intensive care," wrote the band.
The Smile, an English rock band featuring Thom Yorke and Jonny Greenwood of Radiohead as well as Tom Skinner, will not be touring Europe this year as previously planned.
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The group announced in a July 12 statement shared to Instagram that Greenwood, 52, was recently hospitalized for an "emergency" medical issue, and therefore the trio must cancel its upcoming European tour, set for August.
"A few days ago, Jonny became seriously ill from an infection that needed emergency hospital treatment, some of it in intensive care," read the Smile's statement about the musician, who plays guitar, bass and keys for the band.
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"Mercifully he is now out of danger and will soon return home. We have been instructed by the medical team in charge of Jonny’s care to cancel all engagements until he has had time to make a full recovery," continued the note.
"To that end, the Smile tour of Europe in August is canceled. Refunds for headline shows will be available from your ticket provider," concluded the statement. "We all wish Jonny a speedy recovery."
The Smile Cancels European Tour Due to Jonny Greenwood's Emergency Hospitalization
In August, the band was set to play concerts in European countries including Latvia, Poland, Germany, Austria, France and Spain.
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The Smile released its second album, Wall of Eyes, in January. Since then, the band has performed a handful of shows throughout the United States and Europe.
After forming in 2020, the band made its surprise debut at the 2021 Glastonbury Festival in Pilton, Somerset, England. The trio's first album, A Light for Attracting Attention, was released in May 2022 — and both of their full-length projects have charted top-5 in the United Kingdom.
In a May interview with The Guardian, Greenwood offered an update on Radiohead's plans to work on new music.
The Smile Cancels European Tour Due to Jonny Greenwood's Emergency Hospitalization
"Well, the Smile are on tour, Ed is making another solo record, Colin is playing bass with Nick Cave – they’ve just done five sold-out nights at the Sydney State theatre – so lots of music is being made. Just not as Radiohead," he said at the time.
"We’re still talking all the time, we just need to make a plan and get some time together sorted out in advance. I’ve never been very good at that. Too busy d---ing around in this studio," continued Greenwood.
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The Quran - Chapter Al-Hashr: 11
Have you ˹O Prophet˺ not seen the hypocrites who say to their fellow disbelievers from the People of the Book, “If you are expelled, we will certainly leave with you, and We will never obey anyone against you. And if you are fought against, we will surely help you.”? But Allah bears witness that they are truly liars.
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Asia Shares Rise on AI Optimism as Receding Fed Rate-Cut Bets Lift the Dollar
Asian stock markets moved higher as optimism around artificial intelligence (AI) continued to energize investors, helping offset concerns about global monetary tightening. At the same time, the U.S. dollar strengthened after expectations for aggressive interest-rate cuts by the Federal Reserve began to fade, reshaping global currency and equity dynamics. The contrasting forces — enthusiasm for technological growth versus tighter financial conditions — highlight how markets are navigating a complex and rapidly evolving economic landscape. AI Optimism Drives Asian Equity Gains Across major Asian markets, investor sentiment received a boost from renewed confidence in artificial intelligence and related technologies. Shares of technology firms, chipmakers, and data infrastructure companies led gains, reflecting expectations that AI-driven growth could remain resilient even as borrowing costs stay higher for longer. In Japan, technology-heavy stocks benefited from global demand for advanced semiconductors and AI-related hardware. South Korea’s market also saw gains, particularly among companies linked to memory chips and electronics manufacturing, sectors viewed as critical to the expansion of AI systems worldwide. China’s markets showed more cautious optimism. While economic recovery remains uneven, AI-focused companies and firms tied to digital innovation helped support broader indices, signaling that investors are selectively betting on future growth areas rather than the overall economy. Why Artificial Intelligence Is Lifting Markets AI has emerged as one of the strongest narratives driving global markets over the past year. Investors see artificial intelligence not just as a technological breakthrough, but as a structural shift capable of boosting productivity, corporate profits, and long-term economic growth. From cloud computing and data centers to robotics and automation, AI’s reach spans multiple industries. For Asia — home to major semiconductor producers, electronics manufacturers, and software developers — the potential upside is particularly significant. Market participants believe that AI investment could help cushion the impact of slower growth elsewhere, providing a rare source of optimism at a time when many economies face inflationary pressures and tighter financial conditions. The Dollar Strengthens as Fed Rate-Cut Bets Fade While equities climbed, currency markets told a different story. The U.S. dollar strengthened against most major currencies after investors reassessed expectations for Federal Reserve interest-rate cuts. Recent economic data from the United States suggested that inflation remains sticky and the labor market resilient, reducing the urgency for the Fed to ease policy aggressively. As expectations for early and deep rate cuts receded, U.S. Treasury yields edged higher, making dollar-denominated assets more attractive to global investors. This shift lifted the dollar and put pressure on Asian currencies, including the yen and the yuan. For global markets, a stronger dollar often creates mixed effects — supporting capital inflows into the U.S. while tightening financial conditions elsewhere. How Dollar Strength Impacts Asian Markets A rising dollar presents both challenges and opportunities for Asia. On the negative side, a stronger dollar can: Increase the cost of dollar-denominated debt Put pressure on local currencies Make imports more expensive For emerging markets, this can tighten liquidity and reduce risk appetite. However, export-oriented economies may benefit. A weaker local currency can make Asian exports more competitive in global markets, supporting corporate earnings in manufacturing and technology sectors. This dynamic helps explain why Asian shares were able to rise even as the dollar strengthened — particularly in economies with strong export bases. Investors Balance Growth and Policy Risks The current market environment reflects a delicate balancing act. On one hand, AI optimism is encouraging investors to take on risk, especially in sectors linked to innovation and future growth. On the other, higher-for-longer interest rates in the U.S. are forcing markets to remain cautious. Investors are increasingly selective, favoring companies with strong balance sheets, clear growth strategies, and exposure to structural trends like AI. Speculative assets, meanwhile, face greater scrutiny in a world where cheap money is no longer guaranteed. This selective optimism suggests that markets are not ignoring risks — they are simply prioritizing opportunity where they see long-term value. China’s Role in the Market Equation China remains a key variable for Asian markets. While AI-related optimism has lifted certain sectors, concerns persist over China’s property market, consumer confidence, and regulatory environment. Investors are watching closely to see whether policymakers introduce additional stimulus to support growth. For now, China’s technology sector offers pockets of opportunity, particularly in areas aligned with government priorities such as advanced manufacturing and digital infrastructure. However, broader market gains remain constrained by economic uncertainty. What This Means for Global Investors The combination of rising Asian shares and a strengthening dollar sends an important signal: markets are adjusting, not retreating. Rather than pricing in a sharp economic slowdown, investors appear to be preparing for a world where: Interest rates remain elevated Growth is uneven but not collapsing Innovation continues to drive select sectors AI has become a central theme that cuts across regions, helping to unify market sentiment even as monetary policy diverges. Risks Still Lurking Beneath the Surface Despite recent gains, risks remain. Geopolitical tensions, fragile supply chains, and uncertainty around central bank policy could quickly disrupt market momentum. A stronger dollar could also weigh more heavily on emerging markets if financial conditions tighten further. Additionally, some analysts warn that AI enthusiasm could become overheated if expectations outpace actual earnings growth — a reminder of past technology-driven market cycles. For now, however, optimism appears measured rather than euphoric. Final Thoughts Asian shares rising on AI optimism, even as receding Fed rate-cut bets lift the dollar, captures the complexity of today’s global markets. Investors are navigating competing forces — innovation-driven growth on one side and restrictive monetary policy on the other. The result is a market environment defined not by blanket risk-taking or fear, but by selective confidence. As long as AI continues to deliver tangible economic value and global growth avoids a sharp downturn, markets may find room to advance — even in a world where interest rates stay higher for longer.
By Muhammad Hassan4 days ago in Humans
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