Taiwan's markets and factories are starting September on solid footing, but a global bond selloff is the warning sign hanging over it.

• Bond markets around the world are being sold off hard, with Japanese government bond yields hitting a 30-year high.
• Taiwan stocks opened September strong, with the 47,000-point mark now within reach, though shares slipped at the open the next morning.
• Taiwan's factories grew at their fastest pace in five years, the best manufacturing reading in half a decade.
• A corruption case tied to Speaker Wu Hsiu-hua's family farm road is widening, with prosecutors raiding the Taitung County Council and detaining six councilors.
• Microsoft is moving to open its Taiwan Azure cloud region to wider use, and the foreign ministry is pushing a peace message ahead of the UN meeting.

Outlook: Rising bond yields overseas are the main threat to Taiwan's stock rally, even as manufacturing and tech investment keep the local economy humming.