tiktok�*s future hangs in the balance in the us as lawmakers move closer to banning the popular social media app. we'll explain. and oil markets breathe a sigh of relief as iran downplays last friday's reported missile strike by israel. hello and welcome to asia business report. i'm steve lai. to one of our top stories today the us house of representatives have passed a bill that would ban the popular social media app tiktok if its chinese owner does not sell its stake within a year. our business reporter this morning monica miller