Update | Hong Kong, Philippines resolve bus hostage crisis as families accept payout
Philippines closes dispute over 2010 tragedy in Manila by expressing its 'sorrowful regret', with grieving relatives receiving undisclosed compensation

More than three years of strained ties over the 2010 Manila bus hostage crisis ended yesterday.
The Philippines expressed its "most sorrowful regret and profound sympathy" over the tragedy which claimed the lives of eight Hong Kong people.
A joint statement issued by the two governments announced the immediate lifting of sanctions against Philippines officials and a "black" travel alert imposed shortly after the incident.
Watch: Hong Kong says Philippine hostage row over
The families of those affected received an undisclosed sum in compensation, which they have described as reasonable.
The Philippine government had consistently refused to offer a formal apology for the deaths during a botched rescue after sacked police officer Rolando Mendoza hijacked a Hong Kong tour bus before being shot dead.