Exclusive production of π and K meson pairs in two photon collisions is measured with ALEPH data collected between 1992 and 2000. Cross-sections are presented as a function of cos θ ∗ and invariant mass, for | cos θ ∗ |<0.6 and invariant masses between 2.0 and 6.0 GeV/ c 2 (2.25 and 4.0 GeV/ c 2 ) for pions (kaons). The shape of the distributions are found to be well described by QCD predictions but the data have a significantly higher normalization.

We report on a high statistics measurement of the total and differential cross sections of the process gamma gamma -> pi^+ pi^- in the pi^+ pi^- invariant mass range 0.8 GeV/c^2 < W < 1.5 GeV/c^2 with 85.9 fb^{-1} of data collected at sqrt{s}=10.58 GeV and 10.52 GeV with the Belle detector. A clear signal of the f_0(980) resonance is observed in addition to the f_2(1270) resonance. An improved 90% confidence level upper limit Br.(eta'(958) -> pi^+ pi^-) < 2.9 x 10^{-3} is obtained for P- and CP-violating decay of the eta'(958) meson using the most conservative assumption about the interference with the background.

First results of the study of the process e+e- \to 4\pi by the CMD-2 collaboration at VEPP-2M are presented for the energy range 1.05--1.38 GeV. Using an integrated luminosity of 5.8 pb^{-1}, energy dependence of the processes e+e- \to \pi^+\pi^- 2\pi^0 and e+e- \to 2\pi^+ 2\pi^- has been measured. Analysis of the differential distributions demonstrates the dominance of the a_1\pi and \omega\pi intermediate states. Upper limits for the contributions of other alternative mechanisms are also placed.

In experiments with the CMD-2 detector at the VEPP-2M electron-positron collider at Novosibirsk about 150000 $e^+e^-\to\pi^+\pi^-$ events were recorded in the center-of-mass energy range from 0.61 up to 0.96 GeV. The result of the pion form factor measurement with a 1.4% systematic error is presented. The following values of the $\rho$-meson and $\rho-\omega$ interference parameters were found: $M_\rho=(775.28\pm 0.61\pm 0.20) MeV, \Gamma_\rho=(147.70\pm 1.29 \pm 0.40) MeV, \Gamma(\rho\to e^+e^-)=(6.93\pm 0.11\pm 0.10) keV, Br(\omega\to\pi^+\pi^-) = (1.32\pm 0.23)%$.

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.

We study the process $e^+e^-\to\pi^+\pi^-\pi^+\pi^-\gamma$, with a hard photon radiated from the initial state. About 60,000 fully reconstructed events have been selected from 89 $fb^{-1}$ of BaBar data. The invariant mass of the hadronic final state defines the effective \epem center-of-mass energy, so that these data can be compared with the corresponding direct $e^+e^-$ measurements. From the $4\pi$-mass spectrum, the cross section for the process $e^+e^-\to\pi^+\pi^-\pi^+\pi^-$ is measured for center-of-mass energies from 0.6 to 4.5 $GeV/c^2$. The uncertainty in the cross section measurement is typically 5%. We also measure the cross sections for the final states $K^+ K^- \pi^+\pi^-$ and $K^+ K^- K^+ K^-$. We observe the $J/\psi$ in all three final states and measure the corresponding branching fractions. We search for X(3872) in $J/\psi (\to\mu^+\mu^-) \pi^+\pi^-$ and obtain an upper limit on the product of the $e^+e^-$ width of the X(3872) and the branching fraction for $X(3872) \to J/\psi\pi^+\pi^-$.

The cross section of the process e+ e- ---> eta gamma has been measured in the 600-1380 MeV c.m. energy range with the CMD-2 detector. The following branching ratios have been determined: B(rho ---> eta gamma) = (3.28 +- 0.37 +- 0.23) 10^{-4}, B(omega ---> eta gamma) = (5.10 +- 0.72 +- 0.34) 10^{-4}, B(phi --> eta gamma) = (1.287 +- 0.013 +- 0.063) 10^{-2}. Evidence for the rho'(1450) ---> eta gamma decay has been obtained for the first time.

Using 3.07 ${pb}^{-1}$ of data collected in the energy range 0.60-0.97 GeV by CMD-2, about 150 events of the process $\epm \to \pch$ have been selected. The energy dependence of the cross section agrees with the assumption of the $a_1(1260) \pi$ intermediate state which is dominant above 1 GeV. For the first time \fourpi events are observed at the $\rho$ meson energy. Under the assumption that all these events come from the $\rho$ meson decay, the value of the cross section at the $\rho$ meson peak corresponds to the following decay width: \Gamma(\rho^0 \to \fourpi) = (2.8 \pm 1.4 \pm 0.5) {keV} or to the branching ratio B(\rho^0 \to \fourpi) = (1.8 \pm 0.9 \pm 0.3) \cdot 10 ^{-5}.

About 11 200 e^+e^- -> omega -> pi^+pi^-pi^0 events selected in the center of mass energy range from 760 to 810 MeV were used for the measurement of the \omega meson parameters. The following results have been obtained: sigma _{0}=(1457 \pm 23 \pm 19)nb, m_{\omega}=(782.71 \pm 0.07 \pm 0.04) MeV/c^{2}, \Gamma_{\omega}=(8.68 \pm 0.23 \pm 0.10) MeV, \Gamma_{e^+e^-}\cdot Br (\omega -> pi^+pi^-pi^0)= (0.528 \pm 0.012 \pm 0.007) \cdot 10^{-3} MeV.

Using the $1.9 pb^{-1}$ of data collected with the CMD-2 detector at VEPP-2M the decay mode $\phi \to \eta \gamma$, $\eta \to \pi^+\pi^-\pi^0$ has been studied. The obtained branching ratio is B($\phi \to \eta \gamma) = (1.18 \pm 0.03 \pm 0.06) %$.