The process γγ→π+π− was measured using the detector MD-1 at VEPP-4. The two-photon reactionse+e−, μ+ μ− and π+ π− pair production were separated using scintillation counters, Cherenkov counters and shower-range chambers. A radiation widthГγγ(f2(1270))=3.1±0.35±0.35 keV was obtained.
K^+K^- production in two-photon collisions has been studied using a large data sample of 67 fb^{-1} accumulated with the Belle detector at the KEKB asymmetric e^+e^- collider. We have measured the cross section for the process gamma gamma -> K^+ K^- for center-of-mass energies between 1.4 and 2.4 GeV, and found three new resonant structures in the energy region between 1.6 and 2.4 GeV. The angular differential cross sections have also been measured.
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