Asia shares down

Asian shares fell to seven-month lows as positive trade data from China failed to ease concerns over global economic growth. World Bank and International Monetary Fund meetings on Saturday called for bold action to boost economic recovery. But, September trade figures from China painted a rosier picture, as export and import growth beat market expectations. That, however, did little to boost the MSCI Asia-Pacific index excluding Japan, which fell 0.8%. In Hong Kong, stocks headed lower as police began to remove barricades at sites where pro-democracy demonstrators held rallies. The benchmark Hang Seng index was down 0.6% at 22,947.94. On the mainland, the Shanghai Composite was 0.7% lower at 2,358.21. In Australia, shares hit their lowest since February as economic uncertainty weighed on the big banks. The benchmark S&P/ASX200 index closed down 0.6% at 5,155.5 points. Commonwealth Bank of Australia was down 0.9%, while shares in ANZ dropped 0.6%. Bucking the trend were heavyweight miners BHP Billiton and Rio Tinto, up 0.9% and 1.9% respectively, following the better-than-expected trade data out of China. South Korea's Kospi fell 0.7% to close at 1,927.21, with tech shares leading the downtrend. Samsung Electronics was down 0.2%, while LG Electronics fell more than 2%. Japanese markets were closed for a public holiday, according to BBC.