  The two--loop ${\cal O}(\alpha_s G_F m_t^2)$ corrections to the $b\bar b$
decay rate of the Standard Model Higgs boson as well as its production via
$e^+e^- \to ZH$ will be presented. These QCD corrections are obtained by using
a low-energy theorem for light Higgs bosons compared to the top quark mass. The
results yield strong screening effects of the ${\cal O}(G_F m_t^2)$
contributions. After that the two-loop QCD corrections to the $\gamma\gamma$
and gluonic decays of the Higgs bosons of the Standard Model and its minimal
supersymmetric extension are discussed. While the corrections to the
$\gamma\gamma$ decays remain small of ${\cal O}(\alpha_s)$ they are huge $\sim$
50 -- 70 \% in the case of the gluonic decays.
