A Taiwanese green-energy firm has landed a $2.7 million government-backed project in Palau, a small but symbolic win for Taiwan's push to sell whole energy systems abroad — while back home Taiwan's stock market is torn between record buying and a fraud scandal.

• Jkon Energy finished a combined solar, battery storage, energy management and electric-bus charging build for Palau's parliament, sports hall and education ministry, with full revenue booked in the fourth quarter.
• The hard part was logistics and weather: parts had to be flown in, structures were built to survive typhoon-force winds, and the whole system had to be rewired for Palau's different voltage.
• The company is shifting from plain construction work to higher-margin energy services, using Palau as a showcase and Vietnam as its base for Southeast Asia.
• Taiwan's market jumped last week on strong Nvidia results and a higher MSCI weighting, with big investors pouring in and daily turnover back above a trillion Taiwan dollars.
• That mood soured after Fed chair Warsh signaled he wants to keep fighting inflation, knocking chip stocks down; separately, prosecutors raided circuit-board maker Unimicron over allegedly relabeling China-made goods as "Made in Taiwan."

Outlook: Taiwan's exporters face a tightening squeeze as the US cracks down on disguised Chinese supply chains, while September's direction hinges on whether the Fed really turns hawkish.