As the West Coast struggles with the emotional cost of the Pike River tragedy, chairman John Dow has reassured the community there is still a future for the mine and the company.

The New Zealand dollar slowly recovered yesterday after it fell to its lowest level against the greenback in nearly four weeks overnight after a shelling exchange on the Korean peninsula added to the US currency's appeal as a safe haven.

ASB is dropping the CBA name as it seeks to double its market share in the institutional and corporate banking sector.